§ 24-82-801. Financed Purchase of an Asset of Certification of Participation Agreements for Acquisition of Real or Personal Property – Definition

Except as provided in subsection (6) of this section, and subject to the requirement set forth in subsection (1)(a)(II) of this section, no financed purchase of an asset or certificate of participation agreement for real property that requires total payments exceeding five hundred thousand dollars over the term of the agreement shall be entered into […]

§ 24-82-802. Financed Purchase of an Asset or Certificate of Participation Agreements for Real Property – Definitions – Financed Purchase of an Asset or Certificate of Participation Rental Cash Fund

As used in this section, unless the context otherwise requires: “Annual financed purchase of an asset or certificate of participation payment” means the total amount due from the state on property subject to a financed purchase of an asset or certificate of participation agreement and includes: The annual base rent scheduled to be paid and […]

§ 24-82-803. Financed Purchase of an Asset or Certificate of Participation Agreements for Certain Capital Construction Projects – Legislative Declaration

The general assembly hereby finds and declares that: Given the unprecedented economic situation in which the state finds itself because of the declared disaster emergency due to the COVID-19 pandemic, it is important for the general assembly to consider any option available to fund the continuations of certain previously funded capital construction projects; Funding the […]