Florida Statutes § 132.16 — Sinking fund.
Search Florida StatutesFrom the Legislature's 2026 edition, which includes changes effective through January 1, 2027. Later effective dates are retained in each section's source notes.
The resolution authorizing the refunding bonds may contain an agreement on the part of the unit to provide a sinking fund for such bonds, and said resolution may provide for payments of such sinking fund, the investment thereof, the administration thereof, and the application thereof to the payment, purchase and redemption of the refunding bonds.
History
History.—s. 16, ch. 15772, 1931; CGL 1936 Supp. 2383(16).
Source captured on 2026-10-10. Read the official chapter.