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Fla. Stat. § 218.401 (2025)

Purpose.

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218.401 Purpose.—It is the intent of this part to promote, through state assistance, the maximization of net interest earnings on invested surplus funds of local units of government, based on the principles of investor protection, mandated transparency, and proper governance, with the goal of reducing the need for imposing additional taxes.
History.—s. 1, ch. 77-394; s. 1, ch. 2008-59; s. 38, ch. 2019-3.
Notes of Decisions
Cited in 2 cases, 2019–2019 · leading case: Maloy v. Seminole Cnty., 264 So. 3d 370 (Fla. 5th DCA 2019).
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Maloy v. Seminole Cnty., 264 So. 3d 370 (Fla. 5th DCA 2019). · cites it 2× “" § 218.401, Fla. Stat. (1977). In 1995, the Act was amended to redefine the term "units of local government" to include clerks of court in addition to counties, which were already included.”
Maloy v. Seminole Cnty., 264 So. 3d 370 (Fla. 5th DCA 2019). · cites it 2× “" § 218.401, Fla. Stat. (1977). In 1995, the Act was amended to redefine the term "units of local government" to include clerks of court in addition to counties, which were already included.”
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