The authority is created for the purpose of promoting higher education and issuing bonds on behalf of the state, and the Governor may approve any bonds issued by the authority which require approval under federal law.
Fla. Stat. § 243.59
Approval required to issue bonds
Known as the Higher Educational Facilities Financing Act
The act spans §§ 243–243 (51 sections).
History.--s. 10, ch. 2001-79.
Official source: Online Sunshine (Florida Legislature). Reproduced from public-domain Florida statutes; confirm against the official source for the current text. Not legal advice.