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The Florida Senate

2006 Florida Statutes

SECTION 50
Investment of fiduciary funds in bonds; security for deposit of public funds.
Section 1010.50, Florida Statutes 2006

1010.50  Investment of fiduciary funds in bonds; security for deposit of public funds.--School district bonds authorized and issued under the provisions of this chapter shall be lawful investments for fiduciary and trust funds, including all funds in the control of trustees, assignees, administrators, and executors, and may be accepted as security for all deposits of public funds.

History.--s. 559, ch. 2002-387.