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The Florida Senate

2000 Florida Statutes

SECTION 489
Obligations as legal investments.
Section 240.489, Florida Statutes 2000

1240.489  Obligations as legal investments.--Any bank, banker, trust company, savings bank or institution, building and loan association, savings and loan association, investment company, or other person carrying on a banking business or investment business; insurance company or insurance association; executor, administrator, guardian, trustee, or other fiduciary; or public officer or public body of the state or its political subdivisions may legally invest any sinking funds, moneys, or other funds belonging to it or within its control in any obligations issued pursuant to this act.

History.--s. 20, ch. 82-241; s. 3(7), ch. 2000-321.

1Note.--Repealed January 7, 2003, by s. 3(7), ch. 2000-321, and shall be reviewed by the Legislature prior to that date.