Chapter 16A - HEALTH AND EDUCATIONAL FACILITIES AUTHORITY

Section 1-16A-1 - Legislative findings and intent
Section 1-16A-2 - Definitions
Section 1-16A-2.1 - [Repealed]
Section 1-16A-2.2 - Out-of-state participating health institution-Eligibility for financing
Section 1-16A-3 - Authority created-Public function
Section 1-16A-3.1 - Authority continued within Bureau of Finance and Management-Records and reports
Section 1-16A-4 - Appointment of members of authority-Qualifications
Section 1-16A-5 - Terms of office of members-Vacancies
Section 1-16A-6 - Business interests not disqualifying for membership-Abstention where conflict of interest
Section 1-16A-7 - Annual election of chairman and vice-chairman
Section 1-16A-8 - Meetings open to public-Notice-Resolutions not published
Section 1-16A-9 - Quorum of authority-Vote required for action
Section 1-16A-10 - Expenses of members of authority
Section 1-16A-11 - Removal of member from authority
Section 1-16A-12 - Executive director and associate-Compensation
Section 1-16A-13 - Employment of consultants and agents-Compensation
Section 1-16A-14 - Surety bonds required-Payment of cost
Section 1-16A-15 - Corporate powers of authority
Section 1-16A-15.1 - Authority to approve financing of facilities in the state by out-of-state issuers-Public hearing
Section 1-16A-15.2 - Determination of minimum amount of cash and investment reserves
Section 1-16A-16 - Delegation of powers and duties
Section 1-16A-17 - Records maintained by authority-Certified copies
Section 1-16A-17.1 - Informational budget required
Section 1-16A-18 - Acceptance of loans and gifts
Section 1-16A-19 - Investment of surplus funds-Maturity of securities-Manner of investment
Section 1-16A-20 - Location, construction, operation and maintenance of facilities-Designation of agent
Section 1-16A-21 - Acquisition of property-Title taken
Section 1-16A-22 - Restrictions of other laws not applicable
Section 1-16A-23 - Public works laws not applicable-Competitive bidding not required
Section 1-16A-24 - Mortgages for security of bondholders
Section 1-16A-25 - Operation of facilities restricted to leasing
Section 1-16A-26 - Leasing of facilities-Terms of lease-Option to purchase
Section 1-16A-27 - Duration of leases-Rentals required
Section 1-16A-28 - Establishment of rents and charges
Section 1-16A-29 - Rules and regulations for use of facilities
Section 1-16A-30 - Laws and ordinances applicable to facilities
Section 1-16A-31 - Loans to participating institutions-Maximum amount
Section 1-16A-32 - Refunding loans to participating institutions-Findings required
Section 1-16A-33 - Initial planning service fee to accompany applications
Section 1-16A-34 - Annual planning service fee payable to authority
Section 1-16A-35 - Purpose of planning service fees-Agencies used in planning
Section 1-16A-36 - Planning services and surveys obtained from other agencies
Section 1-16A-37 - Proration of planning service fees between institutions
Section 1-16A-38 - Issuance and refunding of bonds and obligations
Section 1-16A-39 - Terms and form of bonds issued
Section 1-16A-40 - Sale of bonds-Expenses of issuance
Section 1-16A-41 - Negotiability of bonds
Section 1-16A-42 - Bonds payable only from revenues
Section 1-16A-43 - Pledge of revenues to secure bonds
Section 1-16A-44 - Pledge continuing until bonds paid
Section 1-16A-45 - Maintenance, rental and funding agreements in bond resolution
Section 1-16A-46 - Pooling of leases for pledge of revenues
Section 1-16A-47 - Bond redemption privileges retained
Section 1-16A-48 - Additional bonds for facilities or HEAL loans-Protection of prior bondholders
Section 1-16A-49 - Remedies of bondholders on default
Section 1-16A-50 - General obligation not created by issuance of bonds-Tax levy not promised
Section 1-16A-51 - State debt not created-Disclaimer in bonds
Section 1-16A-52 - Pledge of full faith and credit of authority or institution
Section 1-16A-52.1 - Financing through federally guaranteed securities authorized
Section 1-16A-52.2 - Commitments and agreements for financing through federally guaranteed securities
Section 1-16A-52.3 - Bonds not to exceed cost of facility-Expenses included-Terms and sale of bonds
Section 1-16A-52.4 - Title to facility financed through federally guaranteed securities-Mortgage-Lease prohibited
Section 1-16A-52.5 - Return of securities to issuer when provision made for payment
Section 1-16A-53 - Refunding bonds authorized-Amount
Section 1-16A-54 - Methods of refunding-Maturity dates
Section 1-16A-54.1 - Bond issue authorized to refund securities of participating institution
Section 1-16A-54.2 - Amount and terms of securities purchased-Mortgage-Insurance and guaranties
Section 1-16A-54.3 - Pledge of securities to secure bonds-Income used for payment-Maximum principal-Bonds subject to other provisions of chapter
Section 1-16A-54.4 - Title of financed facility to remain in participating institution-Mortgage-Lease prohibited
Section 1-16A-55 - Bonds of authority as legal investments
Section 1-16A-56 - Conveyance of facility to participating institution when debt paid
Section 1-16A-56.1 - Conveyance provisions inapplicable to refinanced facility-Return of securities when bonds paid or payment provided for
Section 1-16A-57 - Expenses paid from authority funds-Borrowing for initial operation
Section 1-16A-58 - Tax exemption of authority
Section 1-16A-59 - Securities regulation
Section 1-16A-60 - Additional proceedings not required-Police power reserved
Section 1-16A-61 - Powers supplementary
Section 1-16A-62 - Powers under other law unimpaired
Section 1-16A-63 - Liberal construction of chapter
Section 1-16A-64 - Short title of chapter
Section 1-16A-65 - Health education assistance loan program established
Section 1-16A-66 - Health education assistance loan program-Powers of authority
Section 1-16A-67 - Health education assistance loan program-Funding of HEAL loan purchases by bonds, notes or other obligations of authority
Section 1-16A-68 - Health education assistance loan program-Payment of bonds
Section 1-16A-69 - Health education assistance loan program-Security for principal and interest of bonds
Section 1-16A-70 - Health education assistance loan program-Repayment fund created
Section 1-16A-71 - [Repealed]
Section 1-16A-71.1 - [Repealed]
Section 1-16A-72 - [Repealed]
Section 1-16A-72.1 - [Repealed]
Section 1-16A-73 - [Repealed]
Section 1-16A-73.1 to 1-16A-73.12 - [Repealed]
Section 1-16A-73.13 to 1-16A-73.19 - [Repealed]
Section 1-16A-73.20 to 1-16A-73.27 - [Repealed]
Section 1-16A-74 - Power to act as public instrumentality
Section 1-16A-74.1 - Establishment of funding program for financing of property by public bodies-Assistance-Pledging of payments-Compliance with statutory limitations
Section 1-16A-75 - Funding program for purchase of notes-Issuance of bonds or notes
Section 1-16A-76 - Jurisdiction of federal bankruptcy courts-Written contracts concerning bonds or notes enforceable
Section 1-16A-77 - [Repealed]
Section 1-16A-78 - Authority to issue education savings bonds
Section 1-16A-79 - Criteria for issuance of education savings bonds
Section 1-16A-80 - Additional criteria for issuance of education savings bonds
Section 1-16A-81 - Discounted sale of education savings bonds-Interest-Payment at maturity
Section 1-16A-82 - Sale of education savings bonds-Computation of aggregate principal
Section 1-16A-83 - Plan of implementation for issuance and sale of education savings bonds
Section 1-16A-84 - Designation by authority required for education savings bonds
Section 1-16A-85 - Pool arrangement defined
Section 1-16A-86 - Authority as funding authority for pool arrangement
Section 1-16A-87 - Program for issuance of bonds or certificates of participation that constitute debt of participating agencies-Secured for payment by proceeds of irrepealable tax levies
Section 1-16A-88 - Bonds or certificates of participation not secured for payment by proceeds of irrepealable tax levies
Section 1-16A-89 - Credit enhancement obligation-Conditions
Section 1-16A-90 - Agreements with other entities involving credit enhancement obligations
Section 1-16A-91 - Issued indebtedness for accounts receivable program
Section 1-16A-92 - Authority may contract to manage payment or interest rate risk for bonds
Section 1-16A-93 - Proposed issuance of obligations-Determination of board
Section 1-16A-94 - Promulgation of rules establishing forecasting methodology
Section 1-16A-95 - Issuance of additional obligations-Legislative approval
Section 1-16A-96 - Appropriation for payments pursuant to lease purchase agreements-Agreement dated August 1, 1988 ratified
Section 1-16A-97 - Procedures to facilitate school district issuance of capital outlay certificates and terms for lease purchase agreements secured by pledge of state aid to education funds
Section 1-16A-98 - State not liable for capital outlay certificates and lease purchase agreements sponsored by authority or secured by pledge of state aid to education
Section 1-16A-99 - Contracts made by school district, state, or authority not to be impaired