# Fla. Stat. § 517.32: 517.32 Exemption from excise tax, certain obligations to pay

> Florida · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIII_C517_S517.32

## Section

- **Citation:** Fla. Stat. § 517.32
- **Heading:** 517.32 Exemption from excise tax, certain obligations to pay
- **Jurisdiction:** Florida
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Florida Code / Title XXXIII / Chapter 517 / Section 517.32

## Text

There shall be exempt from all excise taxes imposed by chapter 201 all promissory notes, nonnegotiable notes, and other written obligations to pay money bearing dates subsequent to July 1, 1957, when the maker thereof is a security dealer registered by the office under this chapter and when such promissory note, nonnegotiable note or notes, or other written obligation to pay money shall be for the duration of 30 days or less and secured by pledge or deposit, as collateral security for the payment thereof, security or securities as defined in s. 517.021, provided all excise taxes imposed by chapter 201 shall have been paid upon such collateral security.

History: s. 1, ch. 57-823; ss. 12, 35, ch. 69-106; s. 3, ch. 76-168; s. 1, ch. 77-457; ss. 4, 5, ch. 80-254; s. 399, ch. 81-259; ss. 2, 3, ch. 81-318; ss. 14, 15, ch. 90-362; s. 4, ch. 91-429; s. 612, ch. 2003-261.

## Nearby sections

- [Fla. Stat. § 517.03 517.03 Rulemaking; immunity for acts in conformity with rules.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIII_C517_S517.03.md)
- [Fla. Stat. § 517.07 517.07 Registration of securities.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIII_C517_S517.07.md)
- [Fla. Stat. § 517.011 517.011 Short title.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIII_C517_S517.011.md)
- [Fla. Stat. § 517.12 517.12 Registration of dealers, associated persons, intermediaries, and investment advisers.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIII_C517_S517.12.md)
- [Fla. Stat. § 517.021 517.021 Definitions.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIII_C517_S517.021.md)
- [Fla. Stat. § 517.32 517.32 Exemption from excise tax, certain obligations to pay.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIII_C517_S517.32.md)
- [Fla. Stat. § 517.34 517.34 Protection of specified adults.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIII_C517_S517.34.md)
- [Fla. Stat. § 517.051 517.051 Exempt securities.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIII_C517_S517.051.md)
- [Fla. Stat. § 517.061 517.061 Exempt transactions.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIII_C517_S517.061.md)
- [Fla. Stat. § 517.072 517.072 Viatical settlement investments.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIII_C517_S517.072.md)
- [Fla. Stat. § 517.075 517.075 Cuba, prospectus disclosure of doing business with, required.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIII_C517_S517.075.md)
- [Fla. Stat. § 517.081 517.081 Registration procedure.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIII_C517_S517.081.md)
- [Fla. Stat. § 517.082 517.082 Registration by notification; federal registration statements.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIII_C517_S517.082.md)
- [Fla. Stat. § 517.101 517.101 Consent to service.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIII_C517_S517.101.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIII_C517_S517.32. Check the current official text before relying on it. Not legal advice.