Court Opinions

State Laws

US Code

US Constitution

Florida County Organization And Intergovernmental Relations Code Section 125.325 - County Government - Loans to public agencies authorized.

Legal Research Home > Florida Lawyer > County Organization and Intergovernmental Relations > Florida County Organization And Intergovernmental Relations Code Section 125.325 - County Government - Loans to public agencies authorized.

Title XI   COUNTY ORGANIZATION AND INTERGOVERNMENTAL RELATIONS

Chapter 125   COUNTY GOVERNMENT

125.325  Loans to public agencies authorized.--Notwithstanding the provisions of s. 163.01, a legal entity created pursuant to interlocal agreement under s. 163.01, the membership of which entity consists of at least three counties, may lend the proceeds of obligations issued by such entity to any public agency as provided in s. 163.01(3)(b) whether or not such agency is a member of the entity. Such entity may have as members, in addition to counties, other public agencies as described in s. 163.01(3)(b) and may lend the proceeds of obligations to such public agencies for purposes of financing or refinancing capital projects or working capital if such agencies are otherwise authorized to incur debt.

History.--s. 3, ch. 96-216.

Last modified: November 21, 2006