Florida Statute 518.15 | Lawyer Caselaw & Research

The 2024 Florida Statutes

Title XXXIII
REGULATION OF TRADE, COMMERCE, INVESTMENTS, AND SOLICITATIONS

Chapter 518
INVESTMENT OF FIDUCIARY FUNDS

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F.S. 518.15

518.15 Bonds or motor vehicle tax anticipation certificates, legal investments and security.—Notwithstanding any restrictions on investments contained in any law of this state, the state and all public officers, municipal corporations, political subdivisions, and public bodies, all banks, bankers, trust companies, savings banks, building and loan associations, savings and loan associations, investment companies, and all persons carrying on an insurance business, and all executors, administrators, guardians, trustees, and other fiduciaries may legally invest any sinking funds, moneys or other funds belonging to them or within their control in bonds or motor vehicle anticipation certificates issued under authority of s. 18, Art. XII of the State Constitution of 1885 as adopted by s. 9(d), Art. XII of the State Constitution, and the additional provisions of s. 9(d), and such bonds or certificates shall be authorized security for all public deposits, including, but not restricted to, deposits as authorized in s. 17.57, it being the purpose of this act to authorize any person, firm or corporation, association, political subdivision, body, and officer, public or private, to use any funds owned or controlled by them, including, but not limited to, sinking, insurance, investment, retirement, compensation, pension, and trust funds, and funds held on deposit, for the purchase of any such bonds or anticipation certificates, up to the amount as authorized by law to be invested in any type of security, including United States Government Bonds.

History.—s. 1, ch. 27990, 1953; s. 31, ch. 69-216; s. 615, ch. 2003-261.

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Amendments to 518.15

Arrestable Offenses / Crimes under Fla. Stat. 518.15

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

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 518.15.

Annotations, Discussions, Cases:

Cases Citing Statute 518.15

Total Results: 5

Mouzon v. Mouzon

Court: District Court of Appeal of Florida | Date Filed: 1984-11-01

Citation: 458 So. 2d 381

Snippet: (1878). [6] See Goldey v. Morning News, 156 U.S. 518, 15 S.Ct. 559, 39 L.Ed. 517 (1895). [7] See Pawley

Ago

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

Snippet: limitations provided in Ch. 280, F.S.), 340.21, 518.15, 518.151, 518.152, F.S. Seealso, s 518.16, F.S

Rorick v. Chancey

Court: Supreme Court of Florida | Date Filed: 1938-10-26

Citation: 195 So. 418, 142 Fla. 290

Snippet: Ed. 534; Goldey v. Morning News Co., 156 U.S. 518, 15 S.Ct. 559, 39 L.Ed. 517; Mechanical Appliance Co

Rorick v. Chancey

Court: Supreme Court of Florida | Date Filed: 1937-12-22

Citation: 178 So. 112, 130 Fla. 442, 1937 Fla. LEXIS 875

Snippet: of the action. Goldey v. Morning News, 156 U.S. 518, 15 S. Ct. 559, 39 L. Ed. 517; Wabash Western Railway

Southern Express Co. v. VanMeter

Court: Supreme Court of Florida | Date Filed: 1880-06-15

Citation: 17 Fla. 782

Snippet: an exception to it. 16 Fla., 379, 565; 14 Fla., 518; 15 How., 160. The reasons for the rule are .that unless