It is the express intention of this part that any pledge by the department of rates, fees, revenues, Orange County gasoline tax funds or other funds, as rentals, to the authority, or any covenants or agreements relative thereto may be enforceable in any court of competent jurisdiction against the authority or directly against the department by any holder of bonds issued by the authority.
Fla. Stat. § 348.764
Pledges enforceable by bondholders
Known as the Central Florida Expressway Authority Law
The act spans §§ 348.751 to 348.765 (22 sections).
History.--s. 14, ch. 63-573; ss. 23, 35, ch. 69-106
Official source: Online Sunshine (Florida Legislature). Reproduced from public-domain Florida statutes; confirm against the official source for the current text. Not legal advice.