A trial court validated revenue bonds that the state’s Florida Development Finance Corp. seeks to issue under a 2010 clean-energy initiative. Sale of the bonds would generate funds for property owners to borrow to make improvements designed to improve energy efficiency and storm protection. The Florida Bankers Association appealed the bond validation, arguing that the statute creating this clean-energy loan program is unconstitutional because it infringes upon the rights of earlier lenders. The FDFC argues Florida Bankers Association does not have standing to appeal.

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