Browse 12,046 source-backed statutes, open stored provisions, and verify official source links.
12,046 statutes · page 30 of 603
United States — Florida
1 provisions
If the election result is “FOR BONDS,” the county commissioners must promptly arrange payment of bond interest and principal and handle the bonds’ issuance, sale, proceeds, and trustees, unless another law says otherwise.
United States — Florida
1 provisions
A newly created county’s board of county commissioners may issue interest-bearing time warrants within 6 months after the county-creating law becomes effective, but the total amount cannot exceed 0.5% of the county’s total tax assessed valuation.
United States — Florida
1 provisions
Warrants in newly created counties must bear 6% annual interest and mature within 5 years of issue.
United States — Florida
1 provisions
The county commissioners must distribute warrant-sale proceeds among county funds and use them to pay current county expenses that are proper to be paid from those funds.
United States — Florida
1 provisions
County commissioners may pay annual accrued interest on certain time warrants from general revenue and must set aside an annual sinking fund for repayment.
United States — Florida
1 provisions
Certain county, municipal, subdivision, and state-body obligations remain valid even if the signing officers leave office before delivery.
United States — Florida
1 provisions
This chapter may be cited as the “General Refunding Law.”
United States — Florida
1 provisions
Certain taxing units may issue refunding bonds, and in some cases may levy ad valorem taxes to pay them.
United States — Florida
1 provisions
The resolution must set bond interest, maturity, payment medium, and payment place, with interest capped at 7.5% per year and maturity capped at 60 years unless a constitutional rule for taxing districts applies. The governing body may also reserve an early redemption right.
United States — Florida
1 provisions
A unit may choose to obligate itself to redeem refunding bonds before maturity, and the redemption terms are set by the authorizing resolution.
United States — Florida
1 provisions
Refunding bonds may be issued in registered or coupon form, with signatures and delivery handled as stated in the resolution and by officials then in office.
United States — Florida
1 provisions
A bond resolution may create multiple separate series of refunding bonds and set different terms, provisions, and interest rates for them.
United States — Florida
1 provisions
A resolution may set bond maturities in annual installments, starting after the date of issue and ending no later than 60 years after the date.
United States — Florida
1 provisions
Bonds issued under this chapter may be exchanged for at least equal principal plus accrued interest of the debt being retired, subject to stated conditions.
United States — Florida
1 provisions
Refunding bonds, when sold, must be sold in the manner provided in s. 218.385, unless another express provision applies.
United States — Florida
1 provisions
If refunding bonds are sold rather than exchanged, only the amount needed to pay matured bonds, legally accrued interest, and agreed surrendered unmatured bonds may be delivered.
United States — Florida
1 provisions
The unit may exchange refunding bonds for outstanding, unsold bonds without publishing notice.
United States — Florida
1 provisions
Refunding bonds sold must not be delivered until paid in full; they may be delivered in installments if the buyer and unit agree, but delivery cannot be delayed more than 1 year after the sale.
United States — Florida
1 provisions
Refunding bonds may be exchanged instead of sold, and their principal plus accrued interest cannot exceed the amount of the obligations being refunded.
United States — Florida
1 provisions
Refunding bonds may carry a lower interest rate only while there is no default; after default, the bonds can switch to the higher rate on the holders’ option, subject to limits set in the resolution or the bonds.