October 30, 2020
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The Florida Statutes

The 2009 Florida Statutes

Title XXVI
Chapter 339
View Entire Chapter
Section 339.421, Florida Statutes 2009

339.421  Issuance of debt.--Effective July 1, 1988, transportation corporations created pursuant to the Florida Transportation Corporation Act shall not be empowered or authorized to enter into any agreement or arrangement for the purpose of facilitating the issuance of debt in any form, including without limitation certificates of participation or substitutes for debt such as lease-purchase arrangements, except when the debt is authorized for issuance by the Division of Bond Finance in accordance with the State Bond Act.

History.--s. 1, ch. 88-168.

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