1009.996 Higher education facilities authority as higher education loan authority. - Florida Statutes

1009.996 Higher education facilities authority as higher education loan authority.

As an alternative to the creation of an authority, a commission may confer all rights, powers, privileges, duties, and immunities of an authority upon any entity in existence on July 1, 1982, which has been authorized by law to function as a higher education facilities authority pursuant to the provisions of chapter 243. Any such entity which has been vested with the rights, powers, privileges, duties, and immunities of a higher education loan authority shall be subject to all provisions and responsibilities imposed by this act, notwithstanding any provisions to the contrary in any law which established the entity. Nothing in this act shall be construed to impair or diminish any powers of any other entity in existence on July 1, 1982, or to repeal, modify, or amend any law establishing such entity, except as specifically set forth herein.

History. s. 500, ch. 2002-387.