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§ 218.401 — Florida Law | CourtGPT
  1. Home/
  2. Laws/
  3. Florida/
  4. Title XIV - Taxation and Finance/
  5. Chapter 218 - Financial Matters Pertaining to Political Subdivisions/
  6. Part IV - Investment of Local Government Surplus Funds (Ss. 218.40-218.415)218.40 - Short Title/
  7. § 218.401
Florida Legal Code

§ 218.401

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218.401 Purpose.—It is the intent of this part to promote, through state assistance, the maximization of net interest earnings on invested surplus funds of local units of government, based on the principles of investor protection, mandated transparency, and proper governance, with the goal of reducing the need for imposing additional taxes.History.—s. 1, ch. 77-394; s. 1, ch. 2008-59; s. 38, ch. 2019-3.