Chapter 109 - EDUCATIONAL FACILITIES AUTHORITY ACT FOR PRIVATE NONPROFIT INSTITUTIONS OF HIGHER LEARNING

Section 59-109-10 - Short title
Section 59-109-20 - Legislative declaration of policy and purpose
Section 59-109-30 - Definitions
Section 59-109-40 - Educational Facilities Authority for Private Nonprofit Institutions of Higher Learning
Section 59-109-50 - Purpose of authority; powers enumerated
Section 59-109-60 - Expenses
Section 59-109-70 - Acquisition of property by authority
Section 59-109-80 - Transfer of property to participating institution after payment of bonds; option to renew lease or purchase project prior to retirement of bonds
Section 59-109-90 - Bond anticipation notes; issuance, terms, form, and execution of bonds and notes
Section 59-109-100 - Trust agreement to secure bonds
Section 59-109-110 - Bonds not considered debt or liability of State or any political subdivision
Section 59-109-120 - Institutions to complete projects if bond proceeds insufficient; payments required; disposition of monies received
Section 59-109-130 - Monies received deemed trust funds
Section 59-109-140 - Enforcement of rights of bondholders
Section 59-109-150 - Exemption from taxation
Section 59-109-160 - Bonds as legal investments
Section 59-109-170 - Annual reports
Section 59-109-180 - Chapter as supplemental; authority not subject to regulation, approval, or consent of other agencies or the like