Florida Statutes 413.29 – Gifts
Current as of: 2023 | Check for updates
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Terms Used In Florida Statutes 413.29
- Division: means the Division of Vocational Rehabilitation of the Department of Education. See Florida Statutes 413.20
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
The division is hereby authorized and empowered to accept and use gifts made unconditionally by will or otherwise for carrying out the purposes of this part. Gifts made under such conditions as in the judgment of the division are proper and consistent with the provisions of this part and the laws of the United States and the laws of this state may be so accepted and shall be held, invested, reinvested, and used in accordance with the condition of the gift.