Florida Statutes 259.05 – Issuance of bonds
Current as of: 2023 | Check for updates
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Terms Used In Florida Statutes 259.05
- Board: means the Governor and Cabinet, as the Board of Trustees of the Internal Improvement Trust Fund. See Florida Statutes 259.03
- Division: means the Division of Bond Finance of the State Board of Administration. See Florida Statutes 259.03
(1) Upon request of the board, by appropriate resolution, the Division of Bond Finance from time to time, subject to the debt limitation provided herein, may issue bonds pledging the full faith and credit of the state as shall be necessary to provide sufficient funds to achieve the purposes set out in such request.
(2) The issuance of such bonds to finance state capital projects for environmentally endangered lands or outdoor recreation lands is authorized in the manner, and subject to the limitations, provided by the State Bond Act, except as otherwise expressly provided herein.