Certain special laws establishing interest rates on bonds prohibited

215.845

Certain special laws establishing interest rates on bonds prohibited.

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Pursuant to s. 11(a)(21), Art. III of the State Constitution, the Legislature hereby prohibits any special law providing for the establishment of an interest rate on bonds in excess of the maximum prescribed in s. 215.84(3) or providing any procedure for exceeding such interest rate, which procedure conflicts with that prescribed in s. 215.84(4).

History.

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s. 2, ch. 80-318.