Exemption from competitive bidding requirements of the state.

*8.555. Exemption from competitive bidding requirements of the state. — The authority and contracts entered into by the authority in carrying out its public and essential governmental functions are exempt from the laws of the state which provide for competitive bids. (L. 2002 S.B. 1191) Effective 6-07-02 *Section terminates upon satisfaction of all outstanding notes and obligations. See section 8.589.