Florida Public Business Code Section 280.03 - Security For Public Deposits - Public deposits to be secured; prohibitions; exemptions.

Legal Research Home > Florida Lawyer > Public Business > Florida Public Business Code Section 280.03 - Security For Public Deposits - Public deposits to be secured; prohibitions; exemptions.

Title XIX   PUBLIC BUSINESS

Chapter 280   SECURITY FOR PUBLIC DEPOSITS

280.03  Public deposits to be secured; prohibitions; exemptions.--

(1)(a)  All public deposits shall be secured as provided in this chapter when public depositors comply with the requirements of this chapter.

(b)  Public deposits shall be made in a qualified public depository unless exempted by law.

(2)  Public funds shall not be deposited directly or indirectly in negotiable certificates of deposit.

(3)  The following are exempt from the requirements of, and protection under, this chapter:

(a)  Public deposits deposited in a bank or savings association by a trust department or trust company which are fully secured under trust business laws.

(b)  Moneys of the System Trust Fund, as defined in s. 121.021(36).

(c)  Public deposits held outside the country.

(d)  Wire transfers and transfers of funds solely for the purpose of paying registrars and paying agents.

(e)  Public deposits which are fully secured under federal regulations.

(f)  Public deposits made in accordance with s. 17.57(7) or s. 218.415(23).

History.--s. 3, ch. 81-285; s. 8, ch. 83-122; s. 2, ch. 85-259; s. 55, ch. 86-152; s. 4, ch. 86-236; s. 2, ch. 87-409; s. 6, ch. 90-357; s. 2, ch. 93-75; s. 5, ch. 96-216; s. 17, ch. 97-30; s. 12, ch. 98-409; s. 3, ch. 2005-126.

Florida Lawyers

• Ghazal & Gomez. Florida Fair Credit Reporting Lawyer.
• Liggio, Benrubi & Williams. Florida Insurance Attorney.
• Dobin & Jenks. Florida Securities Fraud Lawyer.

Fort Lauderdale, Florida Lawyers

• Bradford Cohen. Fort Lauderdale Criminal Defense Lawyer.
• Leifert & Leifert. Fort Lauderdale Criminal Defense Lawyer.
• Roger P. Foley. Fort Lauderdale Criminal Lawyer.
• William Ryan Moore. Fort Lauderdale Criminal Lawyer.
• Andrew Foster. Fort Lauderdale Divorce Lawyer.
• William Ryan Moore. Fort Lauderdale DUI Lawyer.
• Nishan C. Mahendran. Fort Lauderdale Immigration Lawyer.
• Ben Law Firm. Fort Lauderdale Injury Lawyer.
• Cohn, Smith & Cohn. Fort Lauderdale Injury Lawyer.
• Joseph I. Lipsky. Fort Lauderdale Personal Injury Lawyer.
• Ralph Behr. Ft. Lauderdale Criminal Defense Lawyer.
• Parker & DuFresne. Jacksonville Divorce Lawyer.
• Wood, Atter & Associates. Jacksonville Injury Lawyer.

Miami, Florida Lawyers

• Mark Eiglarsh. Miami Criminal Defense Attorney.
• Marc David Seitles. Miami Criminal Defense Lawyer.
• David Seltzer. Miami Criminal Lawyer.
• Christy L. Hertz. Miami Divorce and Mediation Lawyer.
• Lawrence S. Katz. Miami Divorce Lawyer.
• Stokes McMillan Maracini & Antunez. Miami Estate Planning Lawyer.
• David J. Halberg. Miami Florida Personal Injury Lawyer.
• Alan Goldfarb. Miami Injury Lawyer.
• Paige Trop & Ameen. Miami Injury Lawyer.
• Robert Rubenstein. Miami Injury Lawyer.
• Troy & Schwartz. Miami Injury Lawyer.
• Jason Turchin. Miami Personal Injury Attorney.
• Flaxman & Lopez. Miami Personal Injury Lawyer.
• Gerson & Schwartz. Miami Personal Injury Lawyer.
• Jose Dapena. Miami Personal Injury Lawyer.
• Sallah & Cox. Miami Securities Lawyer.

Orlando, Florida Lawyers

• Ward & Caggiano. Orlando Injury Lawyer.

Pensacola, Florida Lawyers

• James Jenkins. Pensacola Criminal Defense Lawyer.

Tampa, Florida Lawyers

• Cliff Wells. Tampa Injury Lawyer.

West Palm Beach, Florida Lawyers

• Steven M. Logan. West Palm Beach Criminal Defense Attorney.
• David Olson. West Palm Beach Criminal Defense Lawyer.
• Labovick & Labovick. West Palm Beach Injury Lawyer.

Last modified: November 21, 2006