Florida § 255.513 Powers of the Division of Bond Finance and the Department of Management Services

Florida Statutes

§ 255.513 — Powers of the Division of Bond Finance and the Department of Management Services

Florida § 255.513

TitleXVIII

Ch. 255PUBLIC PROPERTY AND PUBLICLY OWNED BUILDINGS

This text of Florida § 255.513 (Powers of the Division of Bond Finance and the Department of Management Services) is published on Counsel Stack Legal Research, covering Florida primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Fla. Stat. § 255.513 (2026).

Text

The Division of Bond Finance and the Department of Management Services are authorized to jointly:

(1)Engage the services of remarketing agents, indexing agents, underwriters, financial advisers, special tax counsel, bond counsel, or similar type services with respect to the issuance of any obligations under this act.

(2)Procure credit enhancements such as municipal bond insurance, debt service reserve insurance, lease payment insurance, letters of credit or liquidity facilities such as letters of credit or surety bonds, or to enter into rate protection agreements, such as interest rate swaps or similar arrangements, in conjunction with the issuance of any obligations under this act.

Free access — add to your briefcase to read the full text and ask questions with AI

The Division of Bond Finance and the Department of Management Services are authorized to jointly:

(1) Engage the services of remarketing agents, indexing agents, underwriters, financial advisers, special tax counsel, bond counsel, or similar type services with respect to the issuance of any obligations under this act.

(2) Procure credit enhancements such as municipal bond insurance, debt service reserve insurance, lease payment insurance, letters of credit or liquidity facilities such as letters of credit or surety bonds, or to enter into rate protection agreements, such as interest rate swaps or similar arrangements, in conjunction with the issuance of any obligations under this act.