Opinion No. (1994)

Attorney General Loving has asked me to respond to your request for an Attorney General Opinion regarding whether any restrictions are attached to real estate purchased with bond proceeds. Because your questions may be answered by reference to controlling statutes and case law, this office has determined your request should be answered through this informal letter. The discussion which follows is not an official opinion of the Attorney General. Rather, the following analysis and conclusions, while solely my own, have been reached after careful research of the questions you have raised. After…