Florida Statute 315.08 | Lawyer Caselaw & Research

The 2024 Florida Statutes

Title XXII
PORTS AND HARBORS

Chapter 315
PORT FACILITIES FINANCING

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F.S. 315.08

315.08 Trust agreement or resolution.—In the discretion of the governing body, any bonds issued under the provisions of this law may be secured by a trust agreement by and between the unit and a corporate trustee, which may be any trust company or bank having the powers of a trust company within or without the state. Such trust agreement or the resolution providing for the issuance of such bonds may contain such provisions for protecting and enforcing the rights and remedies of the bondholders as may be reasonable and proper and not in violation of law, including covenants setting forth the duties of the unit in relation to the acquisition of property and the acquisition, construction, improvement, maintenance, repair, lease, operation and insurance of any port facilities in connection with which such bonds shall have been authorized, the custody, safeguarding or application of all moneys, and conditions or limitations with respect to the issuance of additional bonds. It shall be lawful for any bank or trust company incorporated under the laws of Florida which may act as depositary of the proceeds of bonds or of revenue or other funds to furnish such indemnifying bonds or to pledge such securities as may be required by the governing body. Any such trust agreement or resolution may set forth the rights and remedies of the bondholders and of the trustee under any such trust agreement, and may restrict the individual right of action by bondholders. In addition to the foregoing, any such trust agreement or resolution may contain such other provisions as the governing body may deem reasonable and proper for the security of the bondholders. All expenses incurred in carrying out the provisions of such trust agreement or resolution shall be treated as a part of the cost of the operation of the port facilities.

History.—s. 8, ch. 59-411.

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Amendments to 315.08

Arrestable Offenses / Crimes under Fla. Stat. 315.08

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

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 315.08.

Annotations, Discussions, Cases:

Cases Citing Statute 315.08

Total Results: 7

Saar v. Wellesley at Lake Clarke Shores Homeowners Ass'n

Court: District Court of Appeal of Florida | Date Filed: 2011-09-07

Citation: 68 So. 3d 417, 2011 Fla. App. LEXIS 14056, 2011 WL 3903069

Snippet: delinquent in hurricane assessments in the amount of $1,315.08, found there was interest of $1,410.09 and late

King v. State

Court: Supreme Court of Florida | Date Filed: 1996-10-24

Citation: 681 So. 2d 1136, 1996 WL 606773

Snippet: sentencing guidelines or departure rules. 597 So.2d at 315.[8] It is the decision to not sentence the defendant

The Florida Bar v. Simring

Court: Supreme Court of Florida | Date Filed: 1993-01-21

Citation: 612 So. 2d 561, 18 Fla. L. Weekly Supp. 73, 1993 Fla. LEXIS 33

Snippet: Barnett settlement, the respondent had dissipated $19,315.08 of the money. Moreover, the record shows that in

Pan-Am Tobacco Corp. v. State, Department of Corrections

Court: District Court of Appeal of Florida | Date Filed: 1983-01-07

Citation: 425 So. 2d 1167, 1983 Fla. App. LEXIS 18415

Snippet: applicability of sovereign immunity, sections 20.-315(8)(b) and (11) Florida Statutes (1977),3 and Rule

Tamarac Village, Inc. v. Bates & Daly Co.

Court: District Court of Appeal of Florida | Date Filed: 1977-06-17

Citation: 348 So. 2d 23, 1977 Fla. App. LEXIS 15784

Snippet: 1973, Tamarac paid the contractor a total of $15,315.08; c) on October 16, 1973, Tamarac recorded its Notice

Marshall v. Felker

Court: Supreme Court of Florida | Date Filed: 1945-10-23

Citation: 23 So. 2d 555, 156 Fla. 476, 161 A.L.R. 167, 1945 Fla. LEXIS 900

Snippet: the provisions of these regulations . . ." Sec. 315.8. "A creditor of the owner of a savings bond may

State v. Jacksonville, Pensacola & Mobile Railroad

Court: Supreme Court of Florida | Date Filed: 1878-06-15

Citation: 16 Fla. 708

Snippet: did not lie from a judgment by default. (4 Com., 315; 8 Barb., 351; Voorhee’s Cod,e 668; ib., 665d.) Under