§ 132.19, Fla. Stat. · Chapter 132. GENERAL REFUNDING LAW
Priority of payment of refunding bonds.
Verbatim from the official edition
Text — 2026 Florida Statutes
The resolution authorizing the bonds may provide that the unit shall first set aside out of the tax collections the amount required in any year for the payment of principal and interest of refunding bonds and for the sinking fund for the bonds, before any tax collections shall be set aside or applied to the payment of any bonds of the unit that may thereafter be issued, except bonds thereafter issued to pay or refund bonds then outstanding.
Notes and commentary — not statutory text
History
s. 19, ch. 15772, 1931; CGL 1936 Supp. 2383(19).
Source of truth
- Edition
- 2026 Florida Statutes
- Official file
- https://www.leg.state.fl.us/Statutes/index.cfm?App_mode=Display_Statute&URL=0100-0199/0132/0132.html
- Text hash
- sha256 f87dae7247bde439143862d9f0950113e70631f83cad904284c962d2ec44c8f4
- Composed by
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Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.