Florida Statutes 250.25 – Governor and Chief Financial Officer authorized to borrow money
Current as of: 2024 | Check for updates
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Terms Used In Florida Statutes 250.25
- Active duty: means full-time duty in active military service of the United States. See Florida Statutes 250.01
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- Officer: means a commissioned officer or warrant officer. See Florida Statutes 250.01
- Troops: includes personnel of the Army National Guard and the Air National Guard. See Florida Statutes 250.01
When a state appropriation is not available for the pay and expenses of troops called to state active duty to preserve the peace or in aid of civil authorities, and funds are not immediately available for this purpose, the Governor and Chief Financial Officer may borrow money to make such payments, in the sum required, and any such loans shall be promptly repaid out of the first funds that become available for that use.