173.14A - GENERAL CORPORATE POWERS OF THE AUTHORITY.
173.14A GENERAL CORPORATE POWERS OF THE AUTHORITY.
The authority has all of the general corporate powers needed to
carry out its purposes and duties, and to exercise its specific
powers including, but not limited to, the power to:
1. Issue its negotiable bonds and notes as provided in this
chapter.
2. Sue and be sued in its own name.
3. Have and alter a corporate seal.
4. Make and alter bylaws for its management consistent with this
chapter.
5. Make and execute agreements, contracts, and other instruments,
with any public or private entity.
6. Accept appropriations, gifts, grants, loans, or other aid from
public or private entities.
7. Make, alter, and repeal rules consistent with this chapter,
subject to chapter 17A. Section History: Recent Form
87 Acts, ch 233, § 229