261A.33 - PURPOSE OF DIVISION.

        261A.33  PURPOSE OF DIVISION.
         It is the purpose of this division to provide a measure of
      assistance and an alternative method of enabling institutions in the
      state to finance the acquisition, construction, and renovation of
      needed educational facilities, structures and equipment and to
      refund, refinance, or reimburse outstanding indebtedness incurred by
      them or advances made by them, including advances from an endowment
      or any other similar fund, for the construction, acquisition, or
      renovation of needed educational facilities and structures, whether
      or not constructed, acquired, or renovated prior to July 1, 1985.  
         Section History: Recent Form

         85 Acts, ch 210, §3