Purpose

218.401

Purpose.

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It is the intent of this part to promote, through state assistance, the maximization of net interest earnings on invested surplus funds of local units of government, based on the principles of investor protection, mandated transparency, and proper governance, with the goal of reducing the need for imposing additional taxes.

History.

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s. 1, ch. 77-394; s. 1, ch. 2008-59; s. 38, ch. 2019-3.