327I.15  Powers not restricted--law complete in itself.

This chapter is not a restriction or limitation upon any powers which the authority or another governmental agency has under any laws of this state, but is cumulative to any such powers. No proceedings, referendum, notice or approval is required for the creation of the authority or the issuance of any obligations or any instrument as security except as provided in this chapter. However, nothing in this chapter deprives the state and its political subdivisions of their police powers over properties of the authority or impairs any power over the authority of any official or agency of the state and its political subdivisions which is otherwise provided by law.

Section History: Early form

  [C81, § 307B.15; 81 Acts 2nd Ex, ch 3, § 17]

Section History: Recent form

  C93, § 327I.15


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