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257c-16
257C.16 AUTHORITY OF SCHOOLS.
A school may issue and sell or pledge its notes to the authority
or the authority's designated agent or trustee. Schools may enter
into contracts and agreements with the authority to effectuate the
purposes of this chapter. In acting pursuant to this section,
schools are exempt from all laws of the state which provide for
competitive bids and hearings in connection with such sales, pledges,
contracts and agreements.
Section History: Recent Form
85 Acts, ch 34, §16
CS85, § 442A.16
C93, § 257C.16