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The Florida Statutes

The 2003 Florida Statutes

Title XLVIII
K-20 EDUCATION CODE
Chapter 1010
FINANCIAL MATTERS
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Section 1010.59, Florida Statutes 2003

1010.59  Interest rates.--All bonds issued by the State Board of Education pursuant to the provisions of s. 9(a), Art. XII of the State Constitution, as amended, may bear interest at such rate or rates as may be determined by the State Board of Education. However, the maximum rate of interest shall not exceed the rates authorized under the provisions of s. 215.84.

History.--s. 568, ch. 2002-387.