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(h) “Financial debt support” usually means the amount essential in almost any fiscal year to pay the principal of, redemption premium, if any, and interest on profits bonds and any amounts essential through the conditions of documents authorizing, securing, or providing liquidity for income bonds required to preserve in outcome any this kind of liquidity or protection arrangements.
2. The state hereby covenants with holders of bonds in the corporation the state will not limit or alter the denial of authority under this paragraph or maybe the legal rights less than this section vested from the fund or the Company to satisfy the phrases of any agreements designed with this kind of bondholders or in almost any way impair the rights and treatments of this sort of bondholders providing any such bonds keep on being fantastic Unless of course sufficient provision continues to be built for the payment of these types of bonds pursuant to your files authorizing the issuance of this kind of bonds.
(d) The board may well make it possible for insurers to adjust to reporting requirements and reporting structure demands by using alternative methods of reporting if the right administration of the fund is not really thus impaired and if the choice procedures make info that's consistent with the reasons of the section.
The recognize or perhaps the substance thereof shall be posted at conspicuous places at terminals of all intermediate crossroads and highway junctions Using the segment of highway to which the see shall use. Soon after any these kinds of observe has been posted, the operation of any motor vehicle or mixture Opposite to its provisions shall represent a violation of the chapter. However, no limitation shall be established by any county, municipal, or other neighborhood authorities pursuant to your provisions of the area that will interfere with or interrupt targeted visitors as authorized hereunder above state roads, which includes formally recognized detours for such highways, including circumstances wherever these kinds of traffic passes around roads, streets or thoroughfares inside the sole jurisdiction on the county, municipal or other regional authorities Except these kinds of restrictions and even further limitations have initial been approved through the Section of Transportation. With respect to county roadways, besides such as are in use as point out highway detours, the respective county road authorities shall have total electricity and authority to more Restrict the weights of motor vehicles on bridges and culverts on these kinds of public observe because they deem ample, and present rules relevant thereto shall not be affected via the terms of the chapter.
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People right here also have the choice of becoming a member of the Davis Really like III 18-hole golf training course for an annual price.
It's also possible to choose the number of visitors and specify the sort of stateroom or suite you desire to to guide.
two. It's the intent of the Legislature to deliver insurers Together with the stipulations on the reimbursement contract properly in advance in the insurers’ ought to finalize their procurement of private reinsurance or other resources of cash, and therefore strengthen insurers’ negotiating posture with reinsurers as well as other resources of money.
a. The general public Added benefits Company produced underneath this paragraph will offer a mechanism essential for the price-productive and efficient issuance of bonds.
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file. There shall be no legal responsibility on the Element of, and no explanation for motion shall crop up towards, any board users or employees of the corporation for virtually any steps taken by them inside the effectiveness in their duties beneath this paragraph.
The Cover Club will present luxurious amenities merely a golfing cart’s drive absent, like a zero-entry pool, pickleball courts, Exercise studio, and also an onsite Tavern & Grill with private wine lockers. Costs commence within the $400k’s.
(11) Authorized PROCEEDINGS.—The board is licensed to consider any motion florida555 necessary to enforce The foundations, along with the provisions and demands in the reimbursement deal, expected by and adopted pursuant to this area.