UTAH TECHNOLOGY FINANCE CORP. v. WILKINSON

No. 860097.

723 P.2d 406 (1986)

UTAH TECHNOLOGY FINANCE CORPORATION, Plaintiff and Respondent, v. David L. WILKINSON, Attorney General of Utah, Defendant and Appellant. David L. WILKINSON, Attorney General for the State of Utah, and Edward T. Alter, State Treasurer for the State of Utah, Plaintiffs and Appellants, v. UTAH TECHNOLOGY FINANCE CORPORATION, and its Board of Trustees, namely Sydney J. Green, Eugene Overfelt, Willard H. Gardiner, James S. Jardine, Warren E. Pugh, Robert H. Garff, and Karl N. Snow, Jr., and John Does I-X, Defendants and Respondents.

Supreme Court of Utah.

July 31, 1986.


Attorney(s) appearing for the Case

David L. Wilkinson, Atty. Gen., Ralph L. Finlayson, Stephen J. Sorenson, Salt Lake City, for defendant and appellant.

Alan L. Sullivan, Patrick J. O'Hara, Salt Lake City, for plaintiff and respondent.


HOWE, Justice:

The Attorney General and the State Treasurer, and Utah Technology Finance Corporation filed suits against each other in district court to determine the constitutionality of the Utah Technology and Innovation Act (the Act) U.C.A., 1953, §§ 63-60-1, et seq. The district court consolidated the cases and, on cross-motions for summary judgment, held that the Act did not violate article VI, section 29 of the Utah Constitution and that Utah...

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