Untitled section

233.03

 

Powers of authority.

The authority shall have all the powers necessary or convenient to carry out the purposes and provisions of this chapter. In addition to all other powers granted by this chapter, the authority may:

233.03(1)

(1)

 

Adopt bylaws and policies and procedures for the regulation of its affairs and the conduct of its business.

233.03(2)

(2)

 

Sue and be sued; have a seal and alter the seal at pleasure; have perpetual existence; maintain an office; negotiate and enter into leases; accept gifts or grants, but not including research grants in which the grant investigator is an employee of the board of regents; accept bequests or loans; accept and comply with any lawful conditions attached to federal financial assistance; and make and execute other instruments necessary or convenient to the exercise of the powers of the authority.

233.03(5)

(5)

 

Procure insurance on its debt obligations.

233.03(7)

(7)

 

Subject to s.