The Florida Senate

280.16  Reports of public depositories.--

(1)  Within 15 days after the end of each calendar month, or when requested by the Treasurer, each qualified public depository shall submit to the Treasurer a written report, under oath, indicating the average daily balance of all public deposits held by it during the reported month, required collateral, a detailed schedule of all securities pledged as collateral, selected financial information, and any other information that the Treasurer determines necessary to administer this chapter.

(2)  Annually, not later than November 15, each qualified public depository shall cause to be delivered to the Treasurer, from the president or chief executive officer of the depository or a person qualified to conduct audits, a statement of all public deposits held for the credit of all public depositors at the close of business on September 30 each year.

(3)  In addition to the reports required in subsections (1) and (2), each qualified public depository shall submit to the Treasurer within 10 days after the date it is required to be filed with the federal agency:

(a)  A copy of the quarterly Consolidated Reports of Condition and Income, and any amended reports, required by the Federal Deposit Insurance Act, 12 U.S.C. ss. 1811 et seq., if such depository is a bank; or

(b)  A copy of the Thrift Financial Report, and any amended reports, required to be filed with the Office of Thrift Supervision if such depository is a savings and loan association.

(4)  In addition to the requirements of subsection (1), the following forms must be made under oath:

(a)  The agreement of contingent liability.

(b)  The public depository pledge agreement.

(c)  The public depository change of name, address, and type of institution.

(5)  Any information contained in a report of a qualified public depository required under this chapter or any rule adopted under this chapter, together with any information required of a financial institution that is not a qualified public depository, shall, if made confidential by any law of the United States or of this state, be considered confidential and exempt from the provisions of s. 119.07(1) and not subject to dissemination to anyone other than the Treasurer under the provisions of this chapter; however, it is the responsibility of each qualified public depository and each financial institution from which information is required to inform the Treasurer of information that is confidential and the law providing for the confidentiality of that information, and the Treasurer does not have a duty to inquire into whether information is confidential.

History.--s. 3, ch. 81-285; s. 16, ch. 83-122; s. 7, ch. 85-259; s. 6, ch. 86-84; s. 20, ch. 87-409; s. 11, ch. 88-185; s. 1, ch. 89-265; s. 23, ch. 91-244; s. 15, ch. 96-216; s. 129, ch. 96-406.