Florida Statute 280.03 | Lawyer Caselaw & Research

The 2024 Florida Statutes

Title XIX
PUBLIC BUSINESS

Chapter 280
SECURITY FOR PUBLIC DEPOSITS

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F.S. 280.03

280.03 Public deposits to be secured; prohibitions; exemptions.—

(1)(a) All public deposits shall be secured as provided in this chapter when public depositors comply with the requirements of this chapter.

(b) Public deposits shall be made in a qualified public depository unless exempted by law.

(2) Public funds shall not be deposited directly or indirectly in negotiable certificates of deposit.

(3) The following are exempt from the requirements of, and protection under, this chapter:

(a) Public deposits deposited in a bank, credit union, or savings association by a trust department or trust company which are fully secured under trust business laws.

(b) Moneys of the System Trust Fund, as defined in s. 121.021(36).

(d) Wire transfers and transfers of funds solely for the purpose of paying registrars and paying agents.

(e) Public deposits that are fully secured by a collateral requirement under federal regulations.

(f) Public deposits made in accordance with s. 17.57(7) or s. 218.415(23).

History.—s. 3, ch. 81-285; s. 8, ch. 83-122; s. 2, ch. 85-259; s. 55, ch. 86-152; s. 4, ch. 86-236; s. 2, ch. 87-409; s. 6, ch. 90-357; s. 2, ch. 93-75; s. 5, ch. 96-216; s. 17, ch. 97-30; s. 12, ch. 98-409; s. 3, ch. 2005-126; s. 2, ch. 2014-145; s. 69, ch. 2024-140.

F.S. 280.03 on Google Scholar

F.S. 280.03 on Casetext

Amendments to 280.03

Arrestable Offenses / Crimes under Fla. Stat. 280.03

Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 280.03.

Annotations, Discussions, Cases:

Cases Citing Statute 280.03

Total Results: 13

Offices at Grand Bay Plaza Condominium Association, Inc., etc. v. Grove at Grand Bay Condominium Association, Inc., etc.

Court: District Court of Appeal of Florida | Date Filed: 2023-11-22

Snippet: issue.” Forrest, 73 So. 3d at 280. 3 Affirmed in part, reversed

Polite v. State

Court: Supreme Court of Florida | Date Filed: 2013-06-06

Citation: 116 So. 3d 270, 38 Fla. L. Weekly Supp. 386, 2013 Fla. LEXIS 1163, 2013 WL 2436218

Snippet: be in express and direct conflict, see art. V, *280§ 3(b)(3), Fla. Const., requires that the “district

General Star Indemnity Co. v. Atlantic Hospitality of Florida, LLC

Court: District Court of Appeal of Florida | Date Filed: 2011-03-09

Citation: 57 So. 3d 238, 2011 Fla. App. LEXIS 3201, 2011 WL 798909

Snippet: evidence” under Florida Rule of Civil Procedure 1.280.3 See Granada Ins. Co. v. Ricks, 12 So.3d 276, 277

State v. Betz

Court: Supreme Court of Florida | Date Filed: 2002-04-04

Citation: 815 So. 2d 627, 2002 WL 500273

Snippet: probable cause." Carroll, 267 U.S. at 156, 45 S.Ct. 280. [3] In fact, in its opinion the Court specifically

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Court: Florida Attorney General Reports | Date Filed: 1997-06-30

Snippet: from the definition of a bank.8 Further, section 280.03(1), Florida Statutes, recognizes that all "public

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Court: Florida Attorney General Reports | Date Filed: 1984-04-03

Snippet: a qualified public depository. See, ss 280.02, 280.03, 280.04, and 280.05, F.S. See also, s 658.60, F

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Court: Florida Attorney General Reports | Date Filed: 1983-09-20

Snippet: Treasurer as a qualified public depository. Section 280.03, F.S. as amended by s 8 of Ch. 83-122, Laws of

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Court: Florida Attorney General Reports | Date Filed: 1983-08-12

Snippet: but shall be reasonably equivalent. Section 163.280(3)(b), F.S. Other requirements are also stipulated

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Court: Florida Attorney General Reports | Date Filed: 1982-08-26

Snippet: to Chapter 280 of the Florida Statutes. Section 280.03, F.S., provides the basic requirement of the new

M. J. M. v. Department of Health & Rehabilitative Services

Court: District Court of Appeal of Florida | Date Filed: 1981-04-30

Citation: 397 So. 2d 755, 1981 Fla. App. LEXIS 19676

Snippet: pursuant to Florida Rules of Juvenile Procedure 8.280(3) (1977). For practical purposes, the issue has been

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Court: Florida Attorney General Reports | Date Filed: 1975-03-18

Snippet: welfare will be promoted thereby. See also s. 163.280(3)(a), providing for rezoning of the subdivision area

In re Florida Traffic Court Rules

Court: Supreme Court of Florida | Date Filed: 1972-12-20

Citation: 271 So. 2d 97

Snippet: 180, 3.190, 3.220(d), 3.'-230, 3.231, 3.240, 3.280, 3.281, 3.290, 3.300, 3.310, 3.320, 3.330, 3.340,

Betts v. Fowelin

Court: District Court of Appeal of Florida | Date Filed: 1967-11-10

Citation: 203 So. 2d 630

Snippet: Fischer, 1950, 3 N.J. 488, 70 A.2d 733, 21 A.L.R.2d 280. [3] Federal Trade Com'n. v. Minneapolis-Honeywell