The 2023 Florida Statutes (including Special Session C)

Title XVI
TEACHERS' RETIREMENT SYSTEM; HIGHER EDUCATIONAL FACILITIES BONDS

Chapter 243
HIGHER EDUCATIONAL FACILITIES BONDS

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F.S. 243.66

243.66 Payment of bonds.—Revenue bonds issued under ss. 243.50-243.77 are not a debt or liability of the authority, any municipality, the state, or any political subdivision thereof, and are not a pledge of the faith and credit of the state, the authority, any municipality, or any political subdivision thereof, but are payable solely from revenues of the authority pertaining to the project relating to the issue; payments by participating institutions of higher education, banks, insurance companies, or others under letters of credit or purchase agreements; investment earnings from funds or accounts maintained under the bond resolution; insurance proceeds; loan funding deposits; proceeds of sales of education loans; proceeds of refunding obligations; and fees, charges, and other revenues of the authority from the project. All revenue bonds must contain on the face thereof a statement to the effect that neither the authority nor any municipality, the state, or any political subdivision thereof is obligated to pay the bond or the interest thereon except from revenues of the project or the portion thereof for which they are issued, and that neither the faith and credit nor the taxing power of the authority, any municipality, the state, or any political subdivision thereof is pledged to the payment of the principal of or the interest on the bonds. The issuance of revenue bonds under ss. 243.50-243.77 may not directly, indirectly, or contingently obligate the authority, any municipality, the state, or any political subdivision thereof to levy or to pledge any form of taxation therefor or to make any appropriation for their payment.

History.—s. 17, ch. 2001-79.

F.S. 243.66 on Google Scholar

F.S. 243.66 on Casetext

Amendments to 243.66

Arrestable Offenses / Crimes under Fla. Stat. 243.66

Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 243.66.

Annotations, Discussions, Cases:

Cases from cite.case.law:

IN RE SHEEDY,, 567 B.R. 597 (Bankr. W.D. Wash. 2017)

. . . was assigned, which is also listed as the principal amount due, plus interest calculated at 12% of $243.66 . . .

J. ROCHFORD, v. D. JOYCE, D. J. J. P., 755 F. Supp. 1423 (N.D. Ill. 1990)

. . . At age 65, Gretchokoff will receive a regular pension of $243.66 per month. . . .