UTAH CODE (Last Updated: January 16, 2015) |
Title 53A. State System of Public Education |
Chapter 20b. Charter School Financing |
Part 2. Charter School Credit Enhancement Program |
§ 53A-20b-202. Charter School Reserve Account contribution requirements for qualifying charter schools.
Latest version.
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(1) When bonds are issued under the credit enhancement program for a qualifying charter school, the qualifying charter school shall contribute money to the reserve account in the amount determined as provided in Subsection (2). (2) The authority shall determine the up-front and ongoing requirements for contributions of money to the reserve account for each qualifying charter school.
Enacted by Chapter 201, 2012 General Session