Florida Senate - 2006 COMMITTEE AMENDMENT
Bill No. CS for SB 1980
Barcode 422222
CHAMBER ACTION
Senate House
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04/17/2006 06:24 PM .
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11 The Committee on Ways and Means (Clary) recommended the
12 following amendment:
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14 Senate Amendment
15 On page 83, between lines 14 and 15,
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17 insert:
18 5. As long as the corporation has any bonds
19 outstanding, the corporation shall not have the authority to
20 file a voluntary petition under chapter 9 of the federal
21 Bankruptcy Code or such corresponding chapter or sections as
22 may be in effect, from time to time, and neither any public
23 officer nor any organization, entity, or other person shall
24 authorize the corporation to be or become a debtor under
25 chapter 9 of the federal Bankruptcy Code or such corresponding
26 chapter or sections as may be in effect, from time to time,
27 during any such period.
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1:02 PM 04/14/06 s1980.wm04.0r4