Section 35A-8-2101 - Title - Purpose(1) This part is known as "Private Activity Bonds."(2) This part establishes procedures to effectively and equitably allocate this state's private activity bond volume cap authorized by the Internal Revenue Code of 1986 in order to maximize the social and economic benefits to this state.Renumbered from §63N-5-101 and amended by Chapter 182, 2018 General Session ,§ 1, eff. 7/1/2018.Renumbered from § 63M-1-3001 and amended by Chapter 283, 2015 General Session ,§ 184, eff. 5/12/2015.Renumbered and Amended by Chapter 370, 2011 General Session