# Fla. Stat. § 420.51: 420.51 State and local government not liable on bonds or notes

> Florida · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXX_C420_PV_S420.51

## Section

- **Citation:** Fla. Stat. § 420.51
- **Heading:** 420.51 State and local government not liable on bonds or notes
- **Jurisdiction:** Florida
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Florida Code / Title XXX / Chapter 420 / Part V / Section 420.51

## Text

The bonds of the corporation shall not be a debt of the state or of any local government, and neither the state nor any local government shall be liable thereon. The corporation shall not have the power to pledge the credit, the revenues, or the taxing power of the state or of any local government; and neither the credit, the revenues, nor the taxing power of the state or of any local government shall be, or shall be deemed to be, pledged to the payment of any bonds of the corporation.

History: s. 1, ch. 80-161; s. 20, ch. 97-167.

## Nearby sections

- [Fla. Stat. § 420.51 420.51 State and local government not liable on bonds or notes.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXX_C420_PV_S420.51.md)
- [Fla. Stat. § 420.55 420.55 Housing; response to disasters.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXX_C420_PV_S420.55.md)
- [Fla. Stat. § 420.501 420.501 Short title.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXX_C420_PV_S420.501.md)
- [Fla. Stat. § 420.502 420.502 Legislative findings.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXX_C420_PV_S420.502.md)
- [Fla. Stat. § 420.503 420.503 Definitions.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXX_C420_PV_S420.503.md)
- [Fla. Stat. § 420.504 420.504 Public corporation; creation, membership, terms, expenses.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXX_C420_PV_S420.504.md)
- [Fla. Stat. § 420.505 420.505 Meetings; quorum; voting.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXX_C420_PV_S420.505.md)
- [Fla. Stat. § 420.506 420.506 Executive director; agents and employees; inspector general.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXX_C420_PV_S420.506.md)
- [Fla. Stat. § 420.507 420.507 Powers of the corporation.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXX_C420_PV_S420.507.md)
- [Fla. Stat. § 420.508 420.508 Special powers; multifamily and single-family projects.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXX_C420_PV_S420.508.md)
- [Fla. Stat. § 420.509 420.509 Revenue bonds.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXX_C420_PV_S420.509.md)
- [Fla. Stat. § 420.511 420.511 Strategic business plan; long-range program plan; annual report; audited financial statements.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXX_C420_PV_S420.511.md)
- [Fla. Stat. § 420.512 420.512 Conflicts of interest.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXX_C420_PV_S420.512.md)
- [Fla. Stat. § 420.513 420.513 Exemption from taxes and eligibility as investment.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXX_C420_PV_S420.513.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXX_C420_PV_S420.51. Check the current official text before relying on it. Not legal advice.