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Florida Teachers' Retirement System; Higher Educational Facilities Bonds Code Section 243.24 - Higher Educational Facilities Bonds - Acquisition of real property.

Legal Research Home > Florida Lawyer > Teachers Retirement System Higher Educational Facilities Bonds > Florida Teachers' Retirement System; Higher Educational Facilities Bonds Code Section 243.24 - Higher Educational Facilities Bonds - Acquisition of real property.

Title XVI   TEACHERS' RETIREMENT SYSTEM; HIGHER EDUCATIONAL FACILITIES BONDS

Chapter 243   HIGHER EDUCATIONAL FACILITIES BONDS

243.24  Acquisition of real property.--The authority is authorized and empowered, directly or by and through a participating institution for higher education as its agent, to acquire by purchase solely from funds provided under the authority of this part, or by gift or devise, such lands, structures, property, real or personal, rights, rights-of-way, franchises, easements, and other interests in lands, including lands lying under water and riparian rights, which are located within or without the state as it may deem necessary or convenient for the construction or operation of a project, upon such terms and at such prices as may be considered by it to be reasonable and can be agreed upon between it and the owner thereof, and to take title thereto in the name of the authority or in the name of a participating institution for higher education as its agent.

History.--s. 7, ch. 69-345.

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Last modified: November 21, 2006