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Florida Statutes (Last Updated: April 21, 2021) |
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TITLE IV. EXECUTIVE BRANCH |
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CHAPTER 17. CHIEF FINANCIAL OFFICER |
Latest version.
- 1(1) 2The Chief Financial Officer shall administer a collateral management service for all state agencies as defined in s. 20216.011, 21or any county, city, or political subdivision thereof, or other public authority that requires by statute, rule, or contract the deposit or pledge of collateral.46(2) 47Eligible collateral listed in s. 5217.57 53may be deposited or pledged using the following collateral arrangements as approved by the Chief Financial Officer:70(a) 71Collateral deposited and held by a custodian of the Chief Financial Officer.83(b) 84Collateral pledged to the Chief Financial Officer.91(c) 92Securities and articles of value deposited and held by the Chief Financial Officer.105(d) 106Cash deposited in the Treasury Cash Deposit Trust Fund and the Public Deposit Security Trust Fund.122(e) 123Cash deposited with the Chief Financial Officer as escrow agent.133(3) 134The Chief Financial Officer may, in his or her discretion, establish a fee for processing, servicing, and safekeeping deposits and other documents or articles of value maintained by the Chief Financial Officer as requested by the various entities according to a service-level agreement or as provided for by law. Such fee shall be equivalent to the fee charged by financial institutions for processing, servicing, and safekeeping the same types of deposits and other documents or articles of value.212(4) 213The Chief Financial Officer shall collect in advance, and persons so served shall pay to the Chief Financial Officer in advance, the miscellaneous charges as described in a service-level agreement.243(5) 244All fees collected for the services described in this section shall be deposited in the Treasury Administrative and Investment Trust Fund.
History.-s. 2, ch. 90-357; s. 2, ch. 92-87; s. 74, ch. 95-147; s. 58, ch. 2003-261; s. 4, ch. 2004-390; s. 15, ch. 2012-116.
Note
Note.-Former s. 18.103.
