CHAPTER 1-16A
HEALTH AND EDUCATIONAL FACILITIES AUTHORITY
1-16A-1 Legislative findings and intent.
1-16A-2 Definitions.
1-16A-2.1 Repealed.
1-16A-2.2 Out-of-state participating health institution--Eligibility for financing.
1-16A-3 Authority created--Public function.
1-16A-3.1 Authority continued within Bureau of Finance and Management--Records and reports.
1-16A-4 Appointment of members of authority--Qualifications.
1-16A-5 Terms of office of members--Vacancies.
1-16A-6 Business interests not disqualifying for membership--Abstention where conflict of interest.
1-16A-7 Annual election of chairman and vice-chairman.
1-16A-8 Meetings open to public--Notice--Resolutions not published.
1-16A-9 Quorum of authority--Vote required for action.
1-16A-10 Expenses of members of authority.
1-16A-11 Removal of member from authority.
1-16A-12 Executive director and associate--Compensation.
1-16A-13 Employment of consultants and agents--Compensation.
1-16A-14 Surety bonds required--Payment of cost.
1-16A-15 Corporate powers of authority.
1-16A-15.1 Authority to approve financing of facilities in the state by out-of-state issuers-Public hearing.
1-16A-15.2 Determination of minimum amount of cash and investment reserves.
1-16A-16 Delegation of powers and duties.
1-16A-17 Records maintained by authority--Certified copies.
1-16A-17.1 Informational budget required.
1-16A-18 Acceptance of loans and gifts.
1-16A-19 Investment of surplus funds--Maturity of securities--Manner of investment.
1-16A-20 Location, construction, operation and maintenance of facilities--Designation of agent.
1-16A-21 Acquisition of property--Title taken.
1-16A-22 Restrictions of other laws not applicable.
1-16A-23 Public works laws not applicable--Competitive bidding not required.
1-16A-24 Mortgages for security of bondholders.
1-16A-25 Operation of facilities restricted to leasing.
1-16A-26 Leasing of facilities--Terms of lease--Option to purchase.
1-16A-27 Duration of leases--Rentals required.
1-16A-28 Establishment of rents and charges.
1-16A-29 Rules and regulations for use of facilities.
1-16A-30 Laws and ordinances applicable to facilities.
1-16A-31 Loans to participating institutions--Maximum amount.
1-16A-32 Refunding loans to participating institutions--Findings required.
1-16A-33 Initial planning service fee to accompany applications.
1-16A-34 Annual planning service fee payable to authority.
1-16A-35 Purpose of planning service fees--Agencies used in planning.
1-16A-36 Planning services and surveys obtained from other agencies.
1-16A-37 Proration of planning service fees between institutions.
1-16A-38 Issuance and refunding of bonds and obligations.
1-16A-39 Terms and form of bonds issued.
1-16A-40 Sale of bonds--Expenses of issuance.
1-16A-41 Negotiability of bonds.
1-16A-42 Bonds payable only from revenues.
1-16A-43 Pledge of revenues to secure bonds.
1-16A-44 Pledge continuing until bonds paid.
1-16A-45 Maintenance, rental and funding agreements in bond resolution.
1-16A-46 Pooling of leases for pledge of revenues.
1-16A-47 Bond redemption privileges retained.
1-16A-48 Additional bonds for facilities or HEAL loans--Protection of prior bondholders.
1-16A-49 Remedies of bondholders on default.
1-16A-50 General obligation not created by issuance of bonds--Tax levy not promised.
1-16A-51 State debt not created--Disclaimer in bonds.
1-16A-52 Pledge of full faith and credit of authority or institution.
1-16A-52.1 Financing through federally guaranteed securities authorized.
1-16A-52.2 Commitments and agreements for financing through federally guaranteed securities.
1-16A-52.3 Bonds not to exceed cost of facility--Expenses included--Terms and sale of bonds.
1-16A-52.4 Title to facility financed through federally guaranteed securities--Mortgage--Lease prohibited.
1-16A-52.5 Return of securities to issuer when provision made for payment.
1-16A-53 Refunding bonds authorized--Amount.
1-16A-54 Methods of refunding--Maturity dates.
1-16A-54.1 Bond issue authorized to refund securities of participating institution.
1-16A-54.2 Amount and terms of securities purchased--Mortgage--Insurance and guaranties.
1-16A-54.3 Pledge of securities to secure bonds--Income used for payment--Maximum principal--Bonds subject to other provisions of chapter.
1-16A-54.4 Title of financed facility to remain in participating institution--Mortgage--Lease prohibited.
1-16A-55 Bonds of authority as legal investments.
1-16A-56 Conveyance of facility to participating institution when debt paid.
1-16A-56.1 Conveyance provisions inapplicable to refinanced facility--Return of securities when bonds paid or payment provided for.
1-16A-57 Expenses paid from authority funds--Borrowing for initial operation.
1-16A-58 Tax exemption of authority.
1-16A-59 Securities regulation.
1-16A-60 Additional proceedings not required--Police power reserved.
1-16A-61 Powers supplementary.
1-16A-62 Powers under other law unimpaired.
1-16A-63 Liberal construction of chapter.
1-16A-64 Short title of chapter.
1-16A-65 Health education assistance loan program established.
1-16A-66 Health education assistance loan program--Powers of authority.
1-16A-67 Health education assistance loan program--Funding of HEAL loan purchases by bonds, notes or other obligations of authority.
1-16A-68 Health education assistance loan program--Payment of bonds.
1-16A-69 Health education assistance loan program--Security for principal and interest of bonds.
1-16A-70 Health education assistance loan program--Repayment fund created.
1-16A-71 1-16A-71. Repealed by SL 1988, ch 12, § 8; SL 1988, ch 18.
1-16A-71.1 Repealed by SL 2012, ch 179, § 10.
1-16A-72 1-16A-72. Repealed by SL 1988, ch 12, § 9.
1-16A-72.1 Repealed by SL 2012, ch 179, § 11.
1-16A-73 1-16A-73. Repealed by SL 1988, ch 12, § 10.
1-16A-73.1 Repealed by SL 2012, ch 179, §§ 12 to 23.
1-16A-73.13 Repealed by SL 2012, ch 180, §§ 9 to 15.
1-16A-73.20 Repealed by SL 2012, ch 179, §§ 24 to 31.
1-16A-74 Power to act as public instrumentality.
1-16A-74.1 Establishment of funding program for financing of property by public bodies--Assistance--Pledging of payments--Compliance with statutory limitations.
1-16A-75 Funding program for purchase of notes--Issuance of bonds or notes.
1-16A-76 Jurisdiction of federal bankruptcy courts--Written contracts concerning bonds or notes enforceable.
1-16A-77 1-16A-77. Repealed by SL 2013, ch 6, § 7.
1-16A-78 Authority to issue education savings bonds.
1-16A-79 Criteria for issuance of education savings bonds.
1-16A-80 Additional criteria for issuance of education savings bonds.
1-16A-81 Discounted sale of education savings bonds--Interest--Payment at maturity.
1-16A-82 Sale of education savings bonds--Computation of aggregate principal.
1-16A-83 Plan of implementation for issuance and sale of education savings bonds.
1-16A-84 Designation by authority required for education savings bonds.
1-16A-85 Pool arrangement defined.
1-16A-86 Authority as funding authority for pool arrangement.
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.
1-16A-88 Bonds or certificates of participation not secured for payment by proceeds of irrepealable tax levies.
1-16A-89 Credit enhancement obligation--Conditions.
1-16A-90 Agreements with other entities involving credit enhancement obligations.
1-16A-91 Issued indebtedness for accounts receivable program.
1-16A-92 Authority may contract to manage payment or interest rate risk for bonds.
1-16A-93 Proposed issuance of obligations--Determination of board.
1-16A-94 Promulgation of rules establishing forecasting methodology.
1-16A-95 Issuance of additional obligations--Legislative approval.
1-16A-96 Appropriation for payments pursuant to lease purchase agreements--Agreement dated August 1, 1988 ratified.
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.
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.
1-16A-99 Contracts made by school district, state, or authority not to be impaired.