Title 12174 · Code of Ordinances

Section 6. - Rights of bondholders.

Citation: Jacksonville, FL Code of Ordinances: Section 6. - Rights of bondholders.

Section: CHRELA_PTBRELA_ART5JAPOAU_S6RIBO

All bonds issued by the City of Jacksonville or the former Jacksonville Port Authority related to properties transferred to the authority and bonds issued under authority of chapter 63-1447, Laws of Florida, remain the liability, responsibility, and obligation of the issuer and the rights of the holders of existing outstanding bonds shall be unimpaired. Rights, duties, and obligations of the authority with respect to the property transferred to it by the former Jacksonville Port Authority are ratified and remain unchanged. (Laws of Fla., Ch. 2004-465, § 1)