State board for community colleges and occupational education authority to create financial obligations.

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Nothing in sections 23-5-101.5 to 23-5-105 shall be construed to prohibit the state board for community colleges and occupational education from issuing revenue bonds or other revenue obligations payable from the revenues from all or any part of the auxiliary facilities within the community college and occupational education system.

Source: L. 94: Entire section added, p. 940, § 1, effective April 28.


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