Florida § 336.505 - Default in bonds or interest coupons issued by special road and bridge district; receivership; bondholder claims.
Full text of Florida Florida Statutes § 336.505 — Default in bonds or interest coupons issued by special road and bridge district; receivership; bondholder claims., with citation guidance and answers to common questions.
§ 336.505. Default in bonds or interest coupons issued by special road and bridge district; receivership; bondholder claims.
(1) If any bond or interest coupon on a bond issued by a special road and bridge district is not paid within 60 days after it matures, a receiver may be appointed in the same manner as in s. 298.51. The qualifications, duties, and powers of the receiver shall be the same as those provided in s. 298.51. Pursuant to an order of a court of competent jurisdiction, the receiver may, to the same extent and subject to the same limitations, levy, assess, and collect any tax or special assessment which the commissioners may levy, assess, and collect for special road and bridge district purposes. (2) Notwithstanding the provisions of s. 197.552, if a tax deed is issued on any property within the district after a receiver has been appointed under subsection (1), the claim of a person holding a bond or interest coupon on a bond described in subsection (1) shall survive the issuance of such tax deed.
Source: official Florida text · Last verified 2026-08-27
Frequently Asked Questions About Florida § 336.505
What does Florida Statutes § 336.505 cover?
Section 336.505 ("Default in bonds or interest coupons issued by special road and bridge district; receivership; bondholder claims.") 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 § 336.505?
A common citation format is "Florida Statutes § 336.505" (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 § 336.505 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.