Florida Statutes Part V - Research And Development Authorities (Ss. 159.701-159.7095)
- 159.701 - Purposes.
Research and development authorities, as authorized by ss. 159.701-159.7095, are created for the purpose of promoting scientific research and development in affiliation with and related...
- 159.702 - Definitions.
(1) The following words and terms, unless the context clearly indicates a different meaning, shall have the following meaning:(a) “Bonds” or “revenue bonds” means the bonds authorized...
- 159.703 - Creation Of Research And Development Authorities.
(1) Subject to the provisions of this part, each county or group of counties may create by ordinance a local governmental body as a public body...
- 159.704 - Designation By Board Of Governors Of The State University System; Procedure.
(1) The authority shall prepare and submit to the Board of Governors of the State University System a petition requesting that the authority be designated a...
- 159.705 - Powers Of The Authority.
The authority is authorized and empowered:(1) To have perpetual succession as a body politic and corporate and to adopt bylaws for the regulation of its affairs...
- 159.7055 - Authority Reporting Requirement.
Any authority which issues any revenue bonds pursuant to this part shall supply the Division of Bond Finance of the State Board of Administration with...
- 159.706 - Grandfather Clause.
Each county designated as a research and development authority on June 30, 1979, or designated by the 1Board of Regents as a research and development...
- 159.707 - Credit Of State Or Political Subdivision Not Pledged.
(1) The revenue bonds issued by the authority shall not be deemed to constitute a debt, liability, or obligation of any authority or county or of...
- 159.708 - Tax Exemption.
The exercise of all powers granted by ss. 159.701-159.7095 in all respects will be for the benefit of the people of the state, for the...
- 159.709 - Powers Of Ss. 159.701-159.7095 Supplemental.
The powers conferred by ss. 159.701-159.7095 shall be in addition and supplementary to existing powers and statutes, and these sections shall not be construed as...
- 159.7095 - Issuance Of Bonds.
The bonds issued under ss. 159.701-159.7095 may be validated in the manner prescribed by chapter 75.History.—s. 4, ch. 79-101.
Last modified: September 23, 2016