Florida § 280.085 - Notice to claimants.
Full text of Florida Florida Statutes § 280.085 — Notice to claimants., with citation guidance and answers to common questions.
§ 280.085. Notice to claimants.
(1) Upon determining the default or insolvency of a qualified public depository, the Chief Financial Officer shall notify, by first-class mail, all public depositors that have complied with s. 280.17 of such default or insolvency. The notice must direct all public depositors having claims or demands against the Public Deposits Trust Fund occasioned by the default or insolvency to file their claims with the Chief Financial Officer within 30 days after the date of the notice. (2) A claim against the Public Deposits Trust Fund is binding on the fund only if presented within 30 days after the date of the notice. (3) This section does not affect any proceeding to: (a) Enforce any real property mortgage, chattel mortgage, security interest, or other lien on property of a qualified public depository that is in default or insolvency; or (b) Establish liability of a qualified public depository that is in default or insolvency to the limits of any federal or other casualty insurance protection. (4) The notice required in subsection (1) is not required if the default or insolvency of a qualified public depository is resolved in a manner in which all Florida public deposits are acquired by another insured bank, credit union, savings bank, or savings association.
Frequently Asked Questions About Florida § 280.085
What does Florida Statutes § 280.085 cover?
Section 280.085 ("Notice to claimants.") 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 § 280.085?
A common citation format is "Florida Statutes § 280.085" (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 § 280.085 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.