Florida Statutes 218.40 – Short title
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Terms Used In Florida Statutes 218.40
- Surplus funds: means any funds in any general or special account or fund of a unit of local government, or funds held by an independent trustee on behalf of a unit of local government, which in reasonable contemplation will not be immediately needed for the purposes intended. See Florida Statutes 218.403
This part shall be known, and may be cited, as the “Investment of Local Government Surplus Funds Act.”