It’s important for qualified public depositories (“QPDs”) and QPD applicants to be familiar with and understand Florida’s law and regulations governing the public deposits program. The law and regulations detail compliance responsibilities, establishes the type of assets that are eligible as collateral, and explains the collateral pledge levels that are available in the program. The "Florida Security for Public Deposits Act", Chapter 280, Florida Statutes (“F.S.”), is the law that governs Florida's public deposits program. Rule Chapter 69C-2, Florida Administrative Code ("F.A.C."), contains the rules and forms for the program.
Please click on the topics below to learn more about QPD law and regulations: