Fla. Stat. § 159.706

Current through Chapter 245 of the 2024 Legislative Session (with exception of Chapter 231)
Section 159.706 - Grandfather clause

Each county designated as a research and development authority on June 30, 1979, or designated by the Board of Regents as a research and development authority prior to July 1, 2001, shall be entitled to continue to be designated and shall be accorded all powers conferred to designated authorities by ss. 159.701 - 159.7095, except that any authority not constituted and designated under the provisions of ss. 159.701 - 159.7095 shall be prohibited from exercising any power to issue revenue bonds or other debt obligations pursuant to s. 159.705(6) and (7).

Abolished by s.3, ch. 2001-170.

Fla. Stat. § 159.706

s. 4, ch. 79-101; s.19, ch. 2007-217.