Florida § 288.775 - Florida Export Finance Corporation Guarantee Account.
Full text of Florida Florida Statutes § 288.775 — Florida Export Finance Corporation Guarantee Account., with citation guidance and answers to common questions.
§ 288.775. Florida Export Finance Corporation Guarantee Account.
(1) The board shall create the Florida Export Finance Corporation Guarantee Account for the purpose of receiving state, federal, and private financial resources, and the return from investments of those resources, and for the purposes of this part. The account shall be under the exclusive control of the board. (2) Resources in the account shall be allocated for operating expenses of the corporation and for other purposes authorized in this part. (3) Appropriations for the corporation shall be deposited into the account. (a) The board of the corporation may deposit the resources of the account designated for the purposes of this section with state or federally chartered financial institutions in this state and may invest the remaining portion in permissible securities. (b) At all times, the board shall attempt to maximize the returns on these funds. (c) All funds received from the activity of the corporation shall be redeposited in the account to be used to support the purposes of this part. (4) Any claims against the account shall be paid solely from the account. Under no circumstances shall the credit of the state be pledged other than funds appropriated by law to the account, nor shall the state be liable or obligated in any way for claims on the account or against the corporation.
Source: official Florida text · Last verified 2026-08-27
Frequently Asked Questions About Florida § 288.775
What does Florida Statutes § 288.775 cover?
Section 288.775 ("Florida Export Finance Corporation Guarantee Account.") 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 § 288.775?
A common citation format is "Florida Statutes § 288.775" (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 § 288.775 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.