The intent of this legislation is that consumers receive maximum possible benefits; therefore, no lending institution receiving proceeds of bond issues pursuant to this act may loan any of the proceeds of such bond issue at the rate violative of federal arbitrage regulations.
Fla. Stat. § 159.622
Limitation on rates
Known as the Florida Housing Finance Authority Law
The act spans §§ 159–159 (23 sections).
History.--s. 24, ch. 78-89.
Official source: Online Sunshine (Florida Legislature). Reproduced from public-domain Florida statutes; confirm against the official source for the current text. Not legal advice.