Florida Statute 298.49 - Full Text and Legal Analysis

The 2024 Florida Statutes (including 2025 Special Session C)

Title XXI
DRAINAGE

Chapter 298
DRAINAGE AND WATER CONTROL

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F.S. 298.49

298.49 Interest upon matured bonds.—All bonds and coupons not paid at maturity shall bear interest at the rate of 6 percent per annum from maturity until paid, or until sufficient funds have been deposited at the place of payment, and the said interest shall be appropriated by the board of supervisors out of the penalties and interest collected on delinquent taxes or any other available funds of the district. Any expense incurred in paying said bonds and interest thereon, and a reasonable compensation to the bank or trust company for paying same, shall be paid out of other funds in the hands of the treasurer and collected for the purpose of meeting the expenses of administration.

History.—s. 41, ch. 6458, 1913; RGS 1138; s. 1, ch. 9129, 1923; s. 3, ch. 12040, 1927; CGL 1493.

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Amendments to 298.49

Annotations, Discussions, Cases:

Cases Citing Statute 298.49

Total Results: 1

South Hastings Drainage Dist. v. Wright

72 So. 2d 826, 50 A.L.R. 2d 268, 1954 Fla. LEXIS 1468

Supreme Court of Florida | Filed: May 11, 1954 | Docket: 64485583

Published

have been deposited at the place of payment”. Section 298.49, Florida Statutes 1951, F.S.A. The defendant