Florida § 717.127 - Election to take payment or delivery.
Full text of Florida Florida Statutes § 717.127 — Election to take payment or delivery., with citation guidance and answers to common questions.
§ 717.127. Election to take payment or delivery.
The department may decline to receive any property reported under this chapter that the department considers to have a value less than the expense of giving notice and of sale. If the department elects not to receive custody of the property, the holder shall be notified within 120 days after filing the report required under s. 717.117 or remitting the property required under s. 717.119.
Source: official Florida text · Last verified 2026-08-27
Frequently Asked Questions About Florida § 717.127
What does Florida Statutes § 717.127 cover?
Section 717.127 ("Election to take payment or delivery.") 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 § 717.127?
A common citation format is "Florida Statutes § 717.127" (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 § 717.127 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.