§ 718.509, Fla. Stat. · Part V. REGULATION AND DISCLOSURE PRIOR TOSALE OF RESIDENTIAL CONDOMINIUMS
Division of Florida Condominiums, Timeshares, and Mobile Homes Trust Fund.
Text — 2026 Florida Statutes
(1) There is created within the State Treasury the Division of Florida Condominiums, Timeshares, and Mobile Homes Trust Fund to be used for the administration and operation of this chapter and chapters 718, 719, 721, and 723 by the division.
(2) All moneys collected by the division from fees, fines, or penalties or from costs awarded to the division by a court or administrative final order shall be paid into the Division of Florida Condominiums, Timeshares, and Mobile Homes Trust Fund. The Legislature shall appropriate funds from this trust fund sufficient to carry out the provisions of this chapter and the provisions of law with respect to each category of business covered by the trust fund. The division shall maintain separate revenue accounts in the trust fund for each of the businesses regulated by the division. The division shall provide for the proportionate allocation among the accounts of expenses incurred by the division in the performance of its duties with respect to each of these businesses. As part of its normal budgetary process, the division shall prepare an annual report of revenue and allocated expenses related to the operation of each of these businesses which may be used to determine fees charged by the division. This subsection shall operate pursuant to the provisions of s. 215.20.
Notes and commentary — not statutory text
History
ss. 10, 32, ch. 79-347; ss. 2, 5, 7, ch. 81-172; ss. 2, 3, ch. 81-318; s. 3, ch. 83-265; ss. 20, 21, ch. 83-339; ss. 16, 20, ch. 87-102; ss. 8, 33, 34, ch. 88-90; s. 83, ch. 90-132; s. 4, ch. 91-429; s. 53, ch. 2008-240.
Note
Note.—Former s. 498.019.
Source of truth
- Edition
- 2026 Florida Statutes
- Official file
- https://www.leg.state.fl.us/Statutes/index.cfm?App_mode=Display_Statute&URL=0700-0799/0718/0718.html
- Text hash
- sha256 c3983972ffc7f5afb9c9baf9b246666c9b6135aa52c242deef1a327fdd918c51
- Composed by
- compose_v2.py 2026-10-04: the Legislature's structured HTML read in document order; verify_v2.py's independent reading agrees character for character
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This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
The Florida Statutes
- § 215.20, Fla. Stat.Certain income and certain trust funds to contribute to the General Revenue Fund.Printed as s. 215.20
- Fla. Stat. ch. 718CONDOMINIUMSPrinted as chapters 718, 719, 721, and 723
- Fla. Stat. ch. 719COOPERATIVESPrinted as chapters 718, 719, 721, and 723
- Fla. Stat. ch. 721VACATION AND TIMESHARE PLANSPrinted as chapters 718, 719, 721, and 723
Cited by 2 provisions
Provisions in this library whose text cites § 718.509, Fla. Stat.. Each shows the citation as that text prints it.
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