Florida § 255.516 - Security for payment of obligations.
Full text of Florida Florida Statutes § 255.516 — Security for payment of obligations., with citation guidance and answers to common questions.
§ 255.516. Security for payment of obligations.
(1) Obligations may be issued with or without the benefit of an indenture of trust, under a master indenture of trust, under different indentures of trust, in series, on a parity, on an inferior lien basis, and in instruments all of the same kind or any combination of different kinds in each case as the division shall determine to be in the best interests of the state. (2) Obligations shall be secured by all such pool pledged revenues.
Source: official Florida text · Last verified 2026-08-27
Frequently Asked Questions About Florida § 255.516
What does Florida Statutes § 255.516 cover?
Section 255.516 ("Security for payment of obligations.") 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 § 255.516?
A common citation format is "Florida Statutes § 255.516" (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 § 255.516 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.