Section 37-104-13 - Declaration of need by private institution

The governing board of any private institution of higher learning is hereby authorized and empowered, in its discretion, to declare by resolution to the Authority the need for an educational facility project at said private institution of higher learning and for the issuance of revenue bonds to finance or refinance said educational facility project.Laws, 1985, ch. 480, § 7; reenacted, Laws, 1991, ch. 592, § 7; reenacted, Laws, 1993, ch. 520, § 7, eff. 7/1/1993.