Florida § 154.238 - Authorization to deal with financial institution which employs a member of the authority.
Full text of Florida Florida Statutes § 154.238 — Authorization to deal with financial institution which employs a member of the authority., with citation guidance and answers to common questions.
§ 154.238. Authorization to deal with financial institution which employs a member of the authority.
Notwithstanding any general or special law, rule, regulation, or ordinance to the contrary, including ss. 112.311-112.326, an authority may sell its bonds to a financial institution, as defined in s. 655.005, which employs a member of the authority as an officer, director, or employee and may appoint a financial institution to serve as trustee or cotrustee under a trust indenture relating to bonds issued under this part, notwithstanding the fact that an officer, director, or employee of the financial institution which is interested in purchasing or serving as trustee or cotrustee for a proposed or outstanding bond issue shall vote on any matter related to such bond issue after the interest of the financial institution in such bond issue becomes known to the officer, director, or employee.
Source: official Florida text · Last verified 2026-08-27
Frequently Asked Questions About Florida § 154.238
What does Florida Statutes § 154.238 cover?
Section 154.238 ("Authorization to deal with financial institution which employs a member of the authority.") is part of the Florida Statutes, the codified statutory law of Florida. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Florida § 154.238?
A common citation format is "Florida Statutes § 154.238" (Florida). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Florida law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Florida official source linked on this page or consult a licensed Florida attorney.
How does Florida § 154.238 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Florida can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Florida.