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Florida Public Business Code Section 279.10 - Registered Public Obligations - Expenses; payment of costs.

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Title XIX   PUBLIC BUSINESS

Chapter 279   REGISTERED PUBLIC OBLIGATIONS

279.10  Expenses; payment of costs.--

(1)  An issuer, prior to or at original issuance of registered public obligations, may provide as part of a system of registration for the means of payment of the costs thereof.

(2)  The issuer may, as part of a system of registration, provide for reimbursement or for satisfaction of its liability by payment by others. The issuer may enter into agreements with others respecting such reimbursement or payment, may establish fees and charges pursuant to such agreements or otherwise, and may provide that the amount or estimated amount of such fees and charges be reimbursed or paid from the same sources and by means of the same collection and enforcement procedures, and with the same priority and effect, as the sources, procedures, and priority and effect with respect to the obligations.

History.--s. 9, ch. 83-271.

Last modified: November 21, 2006