UTAH CODE (Last Updated: January 16, 2015) |
Title 17D. Limited Purpose Local Government Entities - Other Entities |
Chapter 2. Local Building Authority Act |
Part 2. Local Building Authority Creation, Powers, and Governance |
§ 17D-2-201. Creating a local building authority -- Articles of incorporation and bylaws -- Changing a local building authority.
Latest version.
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(1) The governing body of a local entity may create a local building authority by following the procedures in Title 16, Chapter 6a, Utah Revised Nonprofit Corporation Act, for the incorporation of a nonprofit corporation. (3) The creating local entity's governing body may, in its sole discretion and at any time, change the local building authority's structure, organization, programs, or activities, subject to: (a) this chapter; and (b) the rights of: (i) holders of the local building authority's bonds; and (ii) parties to other obligations of the local building authority.
Enacted by Chapter 360, 2008 General Session