The Florida Senate

1010.61  Powers.--The State Board of Education shall have all the powers necessary or advisable to carry out and effectuate the purposes and provisions of s. 1010.60 and this part and is hereby authorized:

(1)  Pursuant to the State Bond Act, to borrow money and issue interest-bearing revenue certificates or other forms of indebtedness to acquire any projects approved by the Legislature and to provide for the payment of the same and for the rights of the holders thereof as herein provided.

(2)  To pledge any trust funds which are available, and not otherwise obligated, for purposes of securing the revenue certificates and to combine such funds as the board may deem appropriate.

(3)  To adopt such rules as may be necessary for carrying out the requirements of this part and to perform all acts and do all things necessary or convenient to carry out the powers granted herein.

History.--s. 570, ch. 2002-387.