The State has a legally separate State Building Authority which has a board appointed by the Governor.The Authority issues debt in its own name, holds title to buildings in its own name, and leases its building exclusively to the State.The authority would be considered a

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The State Building Authority would be considered a component unit because it is legally separate from the State and its financial statements are required to be included in the State's financial statements as a discretely presented component unit.

The State Has a Legally Separate State Building Authority Which