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The Florida Senate

2000 Florida Statutes

SECTION 56
Disposition of balance in interest and sinking fund.
Section 236.56, Florida Statutes 2000

236.56  Disposition of balance in interest and sinking fund.--If all principal and interest outstanding against any school district shall have been paid, and there shall still remain a balance in the interest and sinking fund to the credit of that district, the board shall, by resolution, authorize this balance to be transferred to the credit of the district school fund.

History.--s. 1056, ch. 19355, 1939; CGL 1940 Supp. 892(375); s. 158, ch. 72-221.