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The Florida Senate

2004 Florida Statutes

Section 331.333, Florida Statutes 2004

331.333  Refunding bonds.--The authority through its board shall have the power to issue bonds to provide for the retirement or refunding of any bonds or obligations of the authority that at the time of such issuance are or subsequently thereto become due and payable, or that at the time of issuance have been called or are or will be subject to call for redemption within 10 years thereafter, or the surrender of which can be procured from the holders thereof at prices satisfactory to the board. Refunding bonds may be issued at any time when in the judgment of the board such issuance will be advantageous to the authority. The provisions of this act pertaining to bonds of the authority shall, unless the context otherwise requires, govern the issuance of refunding bonds, the form and other details thereof, the rights of the holders thereof, and the duties of the board with respect to the same.

History.--ss. 37, 61, ch. 89-300; ss. 7, 8, ch. 90-192.