reglab/housing_qa huggingface dataset:
FL Stat § 279.08 (2021)
2021 Florida Statutes|Title XIX - Public Business|Chapter 279 - Registered Public Obligations|279.08 - Seal.

279.08 Seal.—When a seal is required or permitted in the execution of any certificated registered public obligation, an authorized officer may cause the seal to be printed, engraved, stamped, or otherwise placed in facsimile on the obligation. The facsimile seal has the same legal effect as the impression of the seal.History.—s. 7, ch. 83-271.
FL Stat § 279.09 (2021)
2021 Florida Statutes|Title XIX - Public Business|Chapter 279 - Registered Public Obligations|279.09 - Agents.

279.09 Agents.—(1) An issuer may appoint for such term as may be agreed, including the period for so long as a registered public obligation may be outstanding, corporate or other authenticating agents, transfer agents, registrars, or paying or other agents and may specify the terms of their appointments, including their rights, their compensation and duties, the limits upon their liabilities, and provision for their payment of liquidated damages in the event of breach of certain duties of the duties imposed, which liquidated damages may be made payable to the issuer, the owner, or a financial intermediary. None of such agents needs to have an office or to do business within the state.(2) An issuer may agree with custodian banks and financial intermediaries, and nominees of any of them, in connection with the establishment and maintenance by others of a central depository system for the transfer or pledge of registered public obligations. Any such custodian banks, financial intermediaries, and nominees may, if qualified and acting as fiduciaries, also serve as authenticating agents, transfer agents, registrars, or paying or other agents of the issuer with respect to the same issue of registered public obligations.(3) Nothing shall preclude the issuer from performing, either alone or jointly with other issuers, any transfer, registration, authentication, payment, or other function described in this section.History.—s. 8, ch. 83-271; s. 63, ch. 85-80.
FL Stat § 279.10 (2021)
2021 Florida Statutes|Title XIX - Public Business|Chapter 279 - Registered Public Obligations|279.10 - Expenses; Payment of Costs.

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.
FL Stat § 279.11 (2021)
2021 Florida Statutes|Title XIX - Public Business|Chapter 279 - Registered Public Obligations|279.11 - Records.

279.11 Records.—(1) Records with regard to the ownership of, or security interests in, registered public obligations are not subject to inspection or copying under any law of the state relating to the right of the public to inspect or copy public records and shall be confidential and exempt from the provisions of s. 119.07(1).(2) Registration records of the issuer may be maintained at such locations within or without the state as the issuer determines.History.—s. 11, ch. 83-271; s. 1, ch. 89-65; s. 100, ch. 90-360; s. 128, ch. 96-406.
FL Stat § 279.13 (2021)
2021 Florida Statutes|Title XIX - Public Business|Chapter 279 - Registered Public Obligations|279.13 - Obligations Issued by Public Entities.

279.13 Obligations issued by public entities.—Obligations issued by public entities under the laws of one or more states, territories, or possessions, including the District of Columbia and the State of Florida, which obligations are in registered form, whether or not represented by an instrument, and which, except for their form, satisfy the requirements with regard to security for deposits of moneys of public agencies prescribed pursuant to any law of the state, shall be deemed to satisfy all such requirements even though they are in registered form if a security interest in such obligations is perfected on behalf of the public agencies the moneys of which are so deposited.History.—s. 10, ch. 83-271.
FL Stat § 279.15 (2021)
2021 Florida Statutes|Title XIX - Public Business|Chapter 279 - Registered Public Obligations|279.15 - Applicability.

279.15 Applicability.—(1) Unless at any time prior to or at original issuance of a registered public obligation the official or official body of the issuer determines otherwise, this act is applicable to such registered public obligation notwithstanding any provision of law to the contrary. When this act is applicable, no contrary provision shall apply.(2) Nothing in this act limits or prevents issuance of obligations in any other form or manner authorized by law.(3) Unless determined otherwise pursuant to subsection (1), the provisions of this act are applicable with respect to obligations which heretofore have been approved by vote, referendum, or hearing, authorizing or permitting the authorization of obligations in bearer and registered form, or in bearer form only; and such obligations need not be resubmitted for a further vote, referendum, or hearing, for the purpose of authorizing or permitting the authorization of registered public obligations pursuant to this act.History.—s. 12, ch. 83-271.
FL Stat § 279.16 (2021)
2021 Florida Statutes|Title XIX - Public Business|Chapter 279 - Registered Public Obligations|279.16 - Construction.

279.16 Construction.—This act shall be construed in conjunction with chapters 671-680 and the principles of contract law relative to the registration and transfer of obligations.History.—s. 13, ch. 83-271.
FL Stat § 279.18 (2021)
2021 Florida Statutes|Title XIX - Public Business|Chapter 279 - Registered Public Obligations|279.18 - Laws in Conflict With Act Superseded.

279.18 Laws in conflict with act superseded.—Any special or general law in conflict with the provisions of this act authorizing the issuance of bonds in registered form is hereby superseded to the extent of such conflict.History.—s. 16, ch. 83-271.
FL Stat § 279.19 (2021)
2021 Florida Statutes|Title XIX - Public Business|Chapter 279 - Registered Public Obligations|279.19 - Covenant of State.

279.19 Covenant of state.—The State of Florida hereby covenants with the owners of any registered public obligations that it will not amend or repeal this act if the effect may be to impair the exemption from income taxation of interest on registered public obligations.History.—s. 14, ch. 83-271.
FL Stat § 280.01 (2021)
2021 Florida Statutes|Title XIX - Public Business|Chapter 280 - Security for Public Deposits|280.01 - Short Title.

280.01 Short title.—This chapter may be cited as the “Florida Security for Public Deposits Act.”History.—s. 3, ch. 81-285.
FL Stat § 280.03 (2021)
2021 Florida Statutes|Title XIX - Public Business|Chapter 280 - Security for Public Deposits|280.03 - Public Deposits to Be Secured; Prohibitions; Exemptions.

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 that are fully secured by a collateral requirement 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; s. 2, ch. 2014-145.
FL Stat § 280.051 (2021)
2021 Florida Statutes|Title XIX - Public Business|Chapter 280 - Security for Public Deposits|280.051 - Grounds for Suspension or Disqualification of a Qualified Public Depository.

280.051 Grounds for suspension or disqualification of a qualified public depository.—A qualified public depository may be suspended or disqualified or both if the Chief Financial Officer determines that the qualified public depository has:(1) Violated any of the provisions of this chapter or any rule adopted by the Chief Financial Officer pursuant to this chapter.(2) Submitted reports containing inaccurate or incomplete information regarding public deposits or collateral for such deposits, tangible equity capital, or the calculation of required collateral.(3) Failed to maintain required collateral.(4) Grossly misstated the market value of the securities pledged as collateral.(5) Failed to pay any administrative penalty.(6) Failed to furnish the Chief Financial Officer with prompt and accurate information, or failed to allow inspection and verification of any information, dealing with public deposits or dealing with the exact status of its tangible equity capital, or other financial information that the Chief Financial Officer determines necessary to verify compliance with this chapter or any rule adopted pursuant to this chapter.(7) Failed to furnish the Chief Financial Officer, when the Chief Financial Officer requested, with a power of attorney or bond power or other bond assignment form required by the bond agent, bond trustee, or other transferor for each issue of registered certificated securities pledged.(8) Failed to furnish any agreement, report, form, or other information required to be filed pursuant to s. 280.16, or when requested by the Chief Financial Officer.(9) Submitted reports signed by an unauthorized individual.(10) Submitted reports without a certified or verified signature, or both, if required by law.(11) Released a security without notice or approval.(12) Failed to execute or have the custodian execute a collateral control agreement before using a custodian.(13) Failed to give notification as required by s. 280.10.History.—s. 6, ch. 87-409; s. 6, ch. 88-185; s. 13, ch. 91-244; s. 8, ch. 96-216; s. 5, ch. 2001-230; s. 290, ch. 2003-261; s. 5, ch. 2014-145.
FL Stat § 280.052 (2021)
2021 Florida Statutes|Title XIX - Public Business|Chapter 280 - Security for Public Deposits|280.052 - Order of Suspension or Disqualification; Procedure.

280.052 Order of suspension or disqualification; procedure.—(1) The suspension or disqualification of a bank or savings association as a qualified public depository must be by order of the Chief Financial Officer and must be mailed to the qualified public depository by registered or certified mail.(2) The Chief Financial Officer shall notify, by first-class mail, all public depositors that have complied with s. 280.17 of any such disqualification or suspension.(3) The procedures for suspension or disqualification shall be as set forth in chapter 120 and in the rules of the Chief Financial Officer adopted pursuant to this section.(4) Whenever the Chief Financial Officer determines that an immediate danger to the public health, safety, or welfare exists, the Chief Financial Officer may take any appropriate action available to her or him under the provisions of chapter 120.History.—s. 7, ch. 87-409; s. 14, ch. 91-244; s. 190, ch. 95-148; s. 9, ch. 96-216; s. 291, ch. 2003-261.
FL Stat § 280.053 (2021)
2021 Florida Statutes|Title XIX - Public Business|Chapter 280 - Security for Public Deposits|280.053 - Period of Suspension or Disqualification; Obligations During Period; Reinstatement.

280.053 Period of suspension or disqualification; obligations during period; reinstatement.—(1)(a) The Chief Financial Officer may suspend a qualified public depository for any period that is fixed in the order of suspension, not exceeding 6 months. For the purposes of this section and ss. 280.051 and 280.052, the effective date of suspension or disqualification is that date which is set out as such in any order of suspension or disqualification.(b) During the period of suspension, the contingent liability, required collateral, and reporting requirements of the suspended public depository remain in force under the same conditions as if the suspended depository had remained qualified.(c) Upon expiration of the suspension period, the bank or savings association may, by order of the Chief Financial Officer, be reinstated as a qualified public depository, unless the cause of the suspension has not been corrected or the bank or savings association is otherwise not in compliance with this chapter or any rule adopted pursuant to this chapter.(2)(a) A qualified public depository may be disqualified for a period of time not less than 1 year to be fixed in the order of disqualification.(b) During the period of disqualification, the contingent liability, required collateral, and reporting requirements of the disqualified public depository remain in force under the same conditions as if the disqualified depository had remained qualified.(c) Upon expiration of the disqualification period, the bank or savings association may reapply for qualification as a qualified public depository. If a disqualified bank or savings association is purchased or otherwise acquired by new owners, it may reapply to the Chief Financial Officer to be a qualified public depository prior to the expiration date of the disqualification period. Redesignation as a qualified public depository may occur only after the Chief Financial Officer has determined that all requirements for holding public deposits under the law have been met.History.—s. 8, ch. 87-409; s. 15, ch. 91-244; s. 292, ch. 2003-261.
FL Stat § 280.054 (2021)
2021 Florida Statutes|Title XIX - Public Business|Chapter 280 - Security for Public Deposits|280.054 - Administrative Penalty in Lieu of Suspension or Disqualification.

280.054 Administrative penalty in lieu of suspension or disqualification.—(1) If the Chief Financial Officer finds that one or more grounds exist for the suspension or disqualification of a qualified public depository, the Chief Financial Officer may, in lieu of suspension or disqualification, impose an administrative penalty upon the qualified public depository.(a) With respect to any nonwillful violation, such penalty may not exceed $250 for each violation, exclusive of any restitution found to be due. If a qualified public depository discovers a nonwillful violation, the qualified public depository shall correct the violation; and, if restitution is due, the qualified public depository shall make restitution upon the order of the Chief Financial Officer and shall pay interest on such amount at the legal rate from the date of the violation. Each day a violation continues constitutes a separate violation.(b) With respect to any knowing and willful violation of a lawful order or rule, the Chief Financial Officer may impose a penalty upon the qualified public depository in an amount not exceeding $1,000 for each violation. If restitution is due, the qualified public depository shall make restitution upon the order of the Chief Financial Officer and shall pay interest on such amount at the legal rate. Each day a violation continues constitutes a separate violation.(2) The failure of a qualified public depository to make restitution when due as required under this section constitutes a willful violation of this chapter. However, if a qualified public depository in good faith is uncertain whether any restitution is due or as to the amount of restitution due, it shall promptly notify the Chief Financial Officer of the circumstances. The failure to make restitution pending a determination of whether restitution is due or the amount of restitution due does not constitute a violation of this chapter.(3) A qualified public depository is subject to an administrative penalty in an amount not exceeding the greater of $1,000 or 10 percent of the amount of withdrawal, not exceeding $10,000, if the depository fails to provide required collateral using eligible collateral and prescribed collateral agreements or withdraws collateral without the Chief Financial Officer’s approval.History.—s. 9, ch. 87-409; s. 6, ch. 2001-230; s. 293, ch. 2003-261.
FL Stat § 280.055 (2021)
2021 Florida Statutes|Title XIX - Public Business|Chapter 280 - Security for Public Deposits|280.055 - Cease and Desist Order; Corrective Order; Administrative Penalty.

280.055 Cease and desist order; corrective order; administrative penalty.—(1) The Chief Financial Officer may issue a cease and desist order and a corrective order upon determining that:(a) A qualified public depository has requested and obtained a release of pledged collateral without approval of the Chief Financial Officer;(b) A bank, savings association, or other financial institution is holding public deposits without a certificate of qualification issued by the Chief Financial Officer;(c) A qualified public depository pledges, deposits, or arranges for the issuance of unacceptable collateral;(d) A custodian has released pledged collateral without approval of the Chief Financial Officer;(e) A qualified public depository or a custodian has not furnished to the Chief Financial Officer, when the Chief Financial Officer requested, a power of attorney or bond power or bond assignment form required by the bond agent or bond trustee for each issue of registered certificated securities pledged and registered in the name, or nominee name, of the qualified public depository or custodian; or(f) A qualified public depository; a bank, savings association, or other financial institution; or a custodian has committed any other violation of this chapter or any rule adopted pursuant to this chapter that the Chief Financial Officer determines may be remedied by a cease and desist order or corrective order.(2) Any qualified public depository or other bank, savings association, or financial institution or custodian that violates a cease and desist order or corrective order of the Chief Financial Officer is subject to an administrative penalty not exceeding $1,000 for each violation of the order. Each day the violation of the order continues constitutes a separate violation.History.—s. 10, ch. 87-409; s. 7, ch. 88-185; s. 7, ch. 2001-230; s. 294, ch. 2003-261.
FL Stat § 280.06 (2021)
2021 Florida Statutes|Title XIX - Public Business|Chapter 280 - Security for Public Deposits|280.06 - Penalty for Violation of Law, Rule, or Order to Cease and Desist or Other Lawful Order.

280.06 Penalty for violation of law, rule, or order to cease and desist or other lawful order.—(1) The violation of any provision of this chapter, or any order or rule of the Chief Financial Officer, or any order to cease and desist or other lawful order is a misdemeanor of the second degree, punishable as provided in s. 775.082 or s. 775.083.(2) It is a felony of the third degree, punishable as provided in s. 775.082 or s. 775.083, to knowingly and willfully give false information on any form made under oath and filed pursuant to this chapter with the intent to mislead the Chief Financial Officer in the administration or enforcement of this chapter.(3) No action lies against the state, any state agency or instrumentality, or the Public Deposits Trust Fund for the submission of any false or fraudulent information, or for any misrepresentation made or given, by any qualified public depository or other financial institution or any officer, employee, or agent thereof, nor shall the same constitute any defense in law or in equity to payment of any assessment under this chapter.History.—s. 11, ch. 87-409; s. 16, ch. 91-244; s. 295, ch. 2003-261.
FL Stat § 280.07 (2021)
2021 Florida Statutes|Title XIX - Public Business|Chapter 280 - Security for Public Deposits|280.07 - Mutual Responsibility and Contingent Liability.

280.07 Mutual responsibility and contingent liability.—Any bank or savings association that is designated as a qualified public depository and that is not insolvent shall guarantee public depositors against loss caused by the default or insolvency of other qualified public depositories. Each qualified public depository shall execute a form prescribed by the Chief Financial Officer for such guarantee which shall be approved by the board of directors and shall become an official record of the institution.History.—s. 3, ch. 81-285; s. 12, ch. 87-409; s. 15, ch. 98-409; s. 8, ch. 2001-230; s. 296, ch. 2003-261.
FL Stat § 280.085 (2021)
2021 Florida Statutes|Title XIX - Public Business|Chapter 280 - Security for Public Deposits|280.085 - Notice to Claimants.

280.085 Notice to claimants.—(1) Upon determining the default or insolvency of a qualified public depository, the Chief Financial Officer shall notify, by first-class mail, all public depositors that have complied with s. 280.17 of such default or insolvency. The notice must direct all public depositors having claims or demands against the Public Deposits Trust Fund occasioned by the default or insolvency to file their claims with the Chief Financial Officer within 30 days after the date of the notice.(2) A claim against the Public Deposits Trust Fund is binding on the fund only if presented within 30 days after the date of the notice.(3) This section does not affect any proceeding to:(a) Enforce any real property mortgage, chattel mortgage, security interest, or other lien on property of a qualified public depository that is in default or insolvency; or(b) Establish liability of a qualified public depository that is in default or insolvency to the limits of any federal or other casualty insurance protection.(4) The notice required in subsection (1) is not required if the default or insolvency of a qualified public depository is resolved in a manner in which all Florida public deposits are acquired by another insured bank, savings bank, or savings association.History.—s. 14, ch. 87-409; s. 17, ch. 91-244; s. 299, ch. 2003-261; s. 7, ch. 2014-145.