Florida § 287.0931 - Minority business enterprises; participation in bond underwriting.
Full text of Florida Florida Statutes § 287.0931 — Minority business enterprises; participation in bond underwriting., with citation guidance and answers to common questions.
§ 287.0931. Minority business enterprises; participation in bond underwriting.
(1) Any state or local government agency, or political subdivision thereof, issuing bonds or other tax-exempt obligations through one or more underwriters is encouraged to offer not less than 20 percent participation to minority firms. (2) To meet such participation requirement, the minority firm must have full-time employees located in this state, must have a permanent place of business located in this state, and must be a firm which is at least 51-percent-owned by minority persons as defined in s. 288.703. However, for the purpose of bond underwriting only, the requirement that the minority person be a permanent resident of this state does not apply.
Source: official Florida text · Last verified 2026-08-27
Frequently Asked Questions About Florida § 287.0931
What does Florida Statutes § 287.0931 cover?
Section 287.0931 ("Minority business enterprises; participation in bond underwriting.") 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 § 287.0931?
A common citation format is "Florida Statutes § 287.0931" (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 § 287.0931 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.