Florida § 130.23 - Time warrants in newly created counties; payment of interest and creation of sinking fund.
Full text of Florida Florida Statutes § 130.23 — Time warrants in newly created counties; payment of interest and creation of sinking fund., with citation guidance and answers to common questions.
§ 130.23. Time warrants in newly created counties; payment of interest and creation of sinking fund.
The board of county commissioners of each county issuing such interest-bearing time warrants may pay from the general revenue fund of such county each year the accrued interest on such interest-bearing time warrants to the holders thereof, and they shall set aside from the general revenue fund of such county such sum each year as a sinking fund, which together with accrued interest thereon will be sufficient to pay at least one-fifth of the amount due and required to pay off the said warrants at the end of the said 5-year period, thereby creating a sinking fund during the said period of 5 years sufficient to pay off the entire obligation at the end of the said 5-year period.
Source: official Florida text · Last verified 2026-08-27
Frequently Asked Questions About Florida § 130.23
What does Florida Statutes § 130.23 cover?
Section 130.23 ("Time warrants in newly created counties; payment of interest and creation of sinking fund.") 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 § 130.23?
A common citation format is "Florida Statutes § 130.23" (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 § 130.23 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.