The Florida Senate

501.2101  Enforcing authorities; moneys received in certain proceedings; Consumer Frauds Trust Fund.--

(1)  Any moneys received by an enforcing authority for attorney's fees and costs of investigation or litigation in proceedings brought under the provisions of s. 501.207, s. 501.208, or s. 501.211 shall be deposited as received in the Consumer Frauds Trust Fund or the Legal Affairs Revolving Trust Fund in the State Treasury.

(2)  There is created in the State Treasury a trust fund to be known as the Consumer Frauds Trust Fund. Money deposited therein shall be disbursed to the enforcing authority responsible for its collection for the funding of activities conducted by enforcing authorities pursuant to ss. 501.201-501.213, inclusive.

(3)  Any moneys received by an enforcing authority and neither received for attorney's fees and costs of investigation or litigation nor used to reimburse consumers found under this law to be damaged shall accrue to the state and be deposited as received in the General Revenue Fund unallocated.

History.--s. 6, ch. 79-386; s. 6, ch. 92-133; s. 7, ch. 98-299.