Florida § 159.706 Grandfather clause

Florida Statutes

§ 159.706 — Grandfather clause

Florida § 159.706

TitleXI

Ch. 159BOND FINANCING

This text of Florida § 159.706 (Grandfather clause) is published on Counsel Stack Legal Research, covering Florida primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Fla. Stat. § 159.706 (2026).

Text

Each county designated as a research and development authority on June 30, 1979, or designated by the 1 Board of Regents as a research and development authority prior to July 1, 2001, shall be entitled to continue to be designated and shall be accorded all powers conferred to designated authorities by ss. 159.701-159.7095, except that any authority not constituted and designated under the provisions of ss. 159.701-159.7095 shall be prohibited from exercising any power to issue revenue bonds or other debt obligations pursuant to s. 159.705(6) and (7).

Free access — add to your briefcase to read the full text and ask questions with AI

Each county designated as a research and development authority on June 30, 1979, or designated by the 1 Board of Regents as a research and development authority prior to July 1, 2001, shall be entitled to continue to be designated and shall be accorded all powers conferred to designated authorities by ss. 159.701-159.7095, except that any authority not constituted and designated under the provisions of ss. 159.701-159.7095 shall be prohibited from exercising any power to issue revenue bonds or other debt obligations pursuant to s. 159.705(6) and (7).