Florida Statutes 339.04 – Disposition of proceeds of sale or lease of realty by the department
Current as of: 2023 | Check for updates
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Terms Used In Florida Statutes 339.04
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
Any money derived from the sale, lease, or conveyance of any property by the department shall be deposited into the State Treasury and placed in the State Transportation Trust Fund or other appropriate department trust fund as required by law or when needed to comply with bond covenants.