Florida Statutes 420.426 – Eligible applicants
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Terms Used In Florida Statutes 420.426
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
To receive a grant, an applicant must:
(1) Be a local government within this state;
(2) Be able to demonstrate a clear need for the financial assistance made available through ss. 420.421–420.429; and
(3) Be certified by the Neighborhood Reinvestment Corporation as a participant.