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Current as of January 01, 2023 | Updated by FindLaw Staff
Each state agency shall include in its standard contract document a requirement that any state funds provided for the purchase of or improvements to real property are contingent upon the contractor or political subdivision granting to the state a security interest in the property at least to the amount of state funds provided for at least 5 years from the date of purchase or the completion of the improvements or as further required by law.
Cite this article: FindLaw.com - Florida Statutes Title XIX. Public Business § 287.05805. Contract requirement for use of state funds to purchase or improve real property - last updated January 01, 2023 | https://codes.findlaw.com/fl/title-xix-public-business/fl-st-sect-287-05805/
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