County Bonds (2023)

Fla. Stat. ch. 130 (2023)

Florida Statutes

County Bonds (2023)

Fla. Stat. ch. 130 (2023)

Florida Statutes

CHAPTER 130

130.01 Purposes for which county bonds may issue.

History. — s. 1, ch. 2088, 1877; RS 591; s. 1, ch. 4711, 1899; GS 786; RGS 1531; CGL 2309.

130.02 Commissioners may levy tax.

History. — s. 1, ch. 4286, 1893; GS 787; RGS 1532; CGL 2310.

130.03 Election required before issuance of bonds.

History. — s. 3, ch. 2088, 1877; RS 593; GS 789; RGS 1534; CGL 2312; s. 1, ch. 14715, 1931; CGL 1936 Supp. 457(1); s. 64, ch. 77-175.

130.04 Sale of bonds.

History. — s. 6, ch. 2088, 1877; RS 596; s. 1, ch. 5200, 1903; GS 792; RGS 1537; s. 1, ch. 8551, 1921; CGL 2315; s. 1, ch. 61-113; s. 1, ch. 63-118; s. 9, ch. 2004-305.

130.05 Security may be required of bidders.

History. — s. 8, ch. 2088, 1877; RS 597; GS 793; RGS 1538; CGL 2316; s. 831, ch. 95-147.

130.06 Form of bids.

History. — s. 9, ch. 2088, 1877; RS 598; GS 794; RGS 1539; CGL 2317; s. 832, ch. 95-147.

130.07 Form of bonds.

History. — s. 7, ch. 2088, 1877; RS 599; GS 795; RGS 1540; CGL 2318.

130.08 Disposition of proceeds.

History. — s. 10, ch. 2088, 1877; RS 600; GS 796; RGS 1541; CGL 2319.

130.09 Cancellation of exchanged evidences of indebtedness.

History. — s. 11, ch. 2088, 1877; RS 601; GS 797; RGS 1542; CGL 2320.

130.10 Tax for interest and sinking fund.

History. — s. 12, ch. 2088, 1877; RS 602; GS 798; RGS 1543; CGL 2321.

130.11 Bond trustees.

(1) Unless otherwise provided by law, when the county commissioners shall have issued bonds, as aforesaid, they shall appoint by resolution of their board, to be recorded in the minutes, a financial committee of three persons, who shall be resident freeholders of the county, to be styled “trustees of county bonds,” who shall each give bond running to the chair of the board of county commissioners and the chair’s successors in office, with sufficient securities, in such sums as may be required by the county commissioners, conditioned that the said trustee shall faithfully discharge the trust confided to him or her, and shall pay over and duly account for all such sums of money as may come into his or her hands by virtue of such trust, which said bonds shall be approved as to the form and the sufficiency of sureties by the board of county commissioners; and the county commissioners may, from time to time, as circumstances may require, demand additional security from any such trustees; or

(2) The commissioners may in like manner appoint a responsible trust company, organized and qualified to do business, under the laws of the state, with its principal place of business in such county, which shall be styled, “trustee for county bonds,” and which shall give bond running to the chair of the board of county commissioners and the chair’s successors in office, with sufficient securities in such sum as may be required by the county commissioners, conditioned that the said trustee shall faithfully discharge the trust confided to it and shall pay over and duly account for all such sums of money as may come into its hands, by virtue of such trust, which said bond shall be approved as to form and the sufficiency of sureties by the county commissioners and the county commissioners may from time to time, as circumstances may require, demand additional security from any such trustee.

(3) The county commissioners may, if they so elect, by resolution recorded in the minutes of said board, waive the requirement of a bond of such trust company, when appointed trustee of county bonds, and take and accept in lieu thereof a bond in the usual form conditioned upon the proper accounting for all moneys deposited in said trust company and the moneys received by said trust company as trustee of county bonds shall be held by it as money deposited in any other county depository and the bond required of it as such depository shall secure the proper accounting for said moneys, which bond shall be approved by the board of county commissioners as to form, amount and sufficiency of sureties.

History. — s. 13, ch. 2088, 1877; RS 603; GS 799; s. 1, ch. 7337, 1917; RGS 1544; s. 1, ch. 12425, 1927; CGL 2322; s. 7, ch. 22858, 1945; s. 833, ch. 95-147.

130.12 Collector to pay taxes to trustees or other officials or boards.

History. — s. 14, ch. 2088, 1877; RS 604; GS 800; s. 1, ch. 6473, 1913; RGS 1545; CGL 2323.

130.13 Annual report of trustees.

History. — s. 15, ch. 2088, 1877; RS 605; GS 801; RGS 1546; CGL 2324.

130.14 Resignation and removal of trustees.

History. — s. 16, ch. 2088, 1877; RS 606; GS 802; RGS 1547; CGL 2325; s. 834, ch. 95-147.

130.15 Filling of vacancies in board of trustees.

History. — s. 17, ch. 2088, 1877; RS 607; GS 803; RGS 1548; CGL 2326.

130.16 Compensation of trustees.

History. — s. 18, ch. 2088, 1877; RS 608; GS 804; RGS 1549; CGL 2327.

130.17 Building bridges over navigable streams; determination of amount of bonds required.

History. — s. 3, ch. 6536, 1913; RGS 1553; CGL 2347; ss. 2, 3, ch. 73-59.

130.18 Calling and conduct of election for bonds to build bridges over navigable streams.

History. — s. 4, ch. 6536, 1913; RGS 1554; CGL 2348; s. 1, ch. 14715, 1931; CGL 1936 Supp. 457(1); s. 64, ch. 77-175.

130.19 Result of election; issuance and sale of bonds.

History. — s. 5, ch. 6536, 1913; RGS 1555; CGL 2349.

130.20 Time warrants in newly created counties.

History. — s. 1, ch. 8518, 1921; CGL 2350; s. 1, ch. 14715, 1931; CGL 1936 Supp. 457(1); s. 15, ch. 69-216.

130.21 Time warrants in newly created counties; interest and date of maturity.

History. — s. 2, ch. 8518, 1921; CGL 2351.

130.22 Time warrants in newly created counties; distribution and use of proceeds.

History. — s. 3, ch. 8518, 1921; CGL 2352.

130.23 Time warrants in newly created counties; payment of interest and creation of sinking fund.

History. — s. 4, ch. 8518, 1921; CGL 2353.

130.24 Obligations valid when signed by officers who retire before delivery.

History. — s. 1, ch. 8552, 1921; CGL 2354.

Document details

CollectionFlorida Statutes
CitationFla. Stat. ch. 130 (2023)
Typestatute
Languageen
Formathtml
SourceFL_STATUTES
Identifier3c2bfb75b35b474792a17c5631ce8c6fc4f741b3

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