Florida § 255.516 Security for payment of obligations

Florida Statutes

§ 255.516 — Security for payment of obligations

Florida § 255.516

TitleXVIII

Ch. 255PUBLIC PROPERTY AND PUBLICLY OWNED BUILDINGS

This text of Florida § 255.516 (Security for payment of obligations) 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. § 255.516 (2026).

Text

(1)Obligations may be issued with or without the benefit of an indenture of trust, under a master indenture of trust, under different indentures of trust, in series, on a parity, on an inferior lien basis, and in instruments all of the same kind or any combination of different kinds in each case as the division shall determine to be in the best interests of the state.

(2)Obligations shall be secured by all such pool pledged revenues.

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(1) Obligations may be issued with or without the benefit of an indenture of trust, under a master indenture of trust, under different indentures of trust, in series, on a parity, on an inferior lien basis, and in instruments all of the same kind or any combination of different kinds in each case as the division shall determine to be in the best interests of the state.

(2) Obligations shall be secured by all such pool pledged revenues.