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Florida Statute 288.9609 - Full Text and Legal Analysis
Florida Statute 288.9609 | Lawyer Caselaw & Research
Link to State of Florida Official Statute
F.S. 288.9609 Case Law from Google Scholar Google Search for Amendments to 288.9609

The 2025 Florida Statutes

Title XIX
PUBLIC BUSINESS
Chapter 288
COMMERCIAL DEVELOPMENT AND CAPITAL IMPROVEMENTS
View Entire Chapter
F.S. 288.9609
288.9609 Bonds as legal investments.All banks, trust companies, bankers, savings banks and institutions, building and loan associations, savings and loan associations, investment companies, and other persons carrying on a banking and investment business; all insurance companies, insurance associations, and other persons carrying on an insurance business; and all executors, administrators, curators, trustees, and other fiduciaries may legally invest any sinking funds, moneys, or other funds belonging to them or within their control in any bonds or other obligations issued by the corporation. Such bonds and obligations shall be authorized security for all public deposits. It is the purpose of this section to authorize all persons, political subdivisions, and officers, public and private, to use any funds owned or controlled by them for the purchase of any such bonds or other obligations. Nothing contained in this section with regard to legal investments shall be construed as relieving any person of any duty of exercising reasonable care in selecting securities.
History.ss. 33, 62, ch. 93-187; s. 1, ch. 93-402; s. 9, ch. 2010-139.

F.S. 288.9609 on Google Scholar

F.S. 288.9609 on CourtListener

Amendments to 288.9609


Annotations, Discussions, Cases:

Cases Citing Statute 288.9609

Total Results: 1

State v. Florida Development Finance Corp.

650 So. 2d 14, 1995 WL 48437

Supreme Court of Florida | Filed: Feb 9, 1995 | Docket: 1346467

Cited 3 times | Published

deemed to have been issued for a public purpose. § 288.9609(2), Fla. Stat. Sections 288.9606 through 288