Florida Statute 421.14 | Lawyer Caselaw & Research

The 2024 Florida Statutes

Title XXX
SOCIAL WELFARE

Chapter 421
PUBLIC HOUSING

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F.S. 421.14

421.14 Debentures.—

(1) An authority may issue debentures from time to time in its discretion, for any of its corporate purposes. An authority may also issue refunding debentures for the purpose of paying or retiring debentures previously issued by it. An authority may issue such types of debentures as it may determine, including debentures on which the principal and interest are payable:

(a) Exclusively from the income and revenues of the housing project financed with the proceeds of such debentures, or with such proceeds together with a grant from the federal government in aid of such project;

(b) Exclusively from the income and revenues of certain designated housing projects whether or not they were financed in whole or in part with the proceeds of such debentures; or

Any of such debentures may be additionally secured by a pledge of any revenues of any housing project, projects or other property of the authority.

(2) Neither the commissioners of an authority nor any person executing the debentures shall be liable personally on the debentures by reason of the issuance thereof. The debentures and other obligations of an authority, and such debentures and obligations shall so state on their face, shall not be a debt of the city, the county, the state or any political subdivision thereof, and neither the city or the county, nor the state or any political subdivision thereof shall be liable thereon, nor in any event shall such debentures or obligations be payable out of any funds or properties other than those of said authority. The debentures shall not constitute an indebtedness within the meaning of any constitutional or statutory debt or bond limitation or restriction.

History.—s. 14, ch. 17981, 1937; CGL 1940 Supp. 7100(3-y).

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Amendments to 421.14

Arrestable Offenses / Crimes under Fla. Stat. 421.14

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

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 421.14.

Annotations, Discussions, Cases:

Cases Citing Statute 421.14

Total Results: 12

Ago

Court: Florida Attorney General Reports | Date Filed: 1997-06-13

Snippet: (1985). 5 See generally, ss. 421.08, 421.12, and 421.14, Fla. Stat.

Miami-Dade Water & Sewer Authority v. Cormio

Court: District Court of Appeal of Florida | Date Filed: 1980-01-23

Citation: 388 So. 2d 1238

Snippet: So.2d 440 (1942); Stansell v. Marlin, 153 Fla. 421, 14 So.2d 892 (1943); City of Miami v. Saco, 156 Fla

Ago

Court: Florida Attorney General Reports | Date Filed: 1978-03-02

Snippet: the power to, inter alia, issue debentures (s. 421.14), operate housing projects (s. 421.08(4)), and

Ago

Court: Florida Attorney General Reports | Date Filed: 1978-02-07

Snippet: and issue debentures. Sections 421.08(2), (3) and 421.14, F. S. Accordingly, a county housing authority

Ago

Court: Florida Attorney General Reports | Date Filed: 1974-08-06

Snippet: and regulations, s. 421.08; issue debentures, s. 421.14; and fix rentals on the housing projects it acquires

Hyatt v. Armstrong Cork Co.

Court: Supreme Court of Florida | Date Filed: 1960-04-13

Citation: 121 So. 2d 793, 1960 Fla. LEXIS 2183

Snippet: So.2d 359; Stansell v. Marlin, 1943, 153 Fla. 421, 14 So.2d 892. It is also settled in this state that

Hecht v. Parkinson

Court: Supreme Court of Florida | Date Filed: 1954-02-19

Citation: 70 So. 2d 505, 1954 Fla. LEXIS 1256

Snippet: 238, 9 So.2d 359; Stansell v. Marlin, 153 Fla. 421, 14 So.2d 892; Florida Forest and Park Service v. Strickland

Phillips v. City of West Palm Beach

Court: Supreme Court of Florida | Date Filed: 1953-12-11

Citation: 70 So. 2d 345, 1953 Fla. LEXIS 1846

Snippet: 238, 9 So.2d 359; Stansell v. Marlin, 153 Fla. 421, 14 So.2d 892; and Florida Forest and Park Service

Boca Raton Club v. Duff

Court: Supreme Court of Florida | Date Filed: 1953-03-03

Citation: 63 So. 2d 624, 1953 Fla. LEXIS 1134

Snippet: 190 So. 675; and Stansell v. Marlin, 153 Fla. 421, 14 So.2d 892. It is so ordered. SEBRING, Acting Chief

Fidelity & Cas. Co. of New York v. Bedingfield

Court: Supreme Court of Florida | Date Filed: 1952-08-05

Citation: 60 So. 2d 489, 1952 Fla. LEXIS 1394

Snippet: 238, 9 So.2d 359; Stansell v. Marlin, 153 Fla. 421, 14 So.2d 892; and Florida Forestry and Park Service

Kussrow v. Pitney-Bowes Postage Meter Co.

Court: Supreme Court of Florida | Date Filed: 1944-05-09

Citation: 18 So. 2d 25, 154 Fla. 417, 1944 Fla. LEXIS 723

Snippet: Pittsburgh, C., C. St. L. Ry. Co. v. Backus, 154 U.S. 421, 14 Sup. Ct. 1114; Oregon C. R. Co. v. Jackson County

Orlando Orange Groves Co. v. Hale

Court: Supreme Court of Florida | Date Filed: 1932-11-25

Citation: 144 So. 674, 107 Fla. 304

Snippet: Steamboat Co. vs. E. C. Trans. Co., supra; 32 C. J. 421; 14 R. C. L. 468. The bill in the instant case was