Any contract entered into by any district shall be deemed to have been made for the benefit of any holders of bonds issued pursuant to this law to the extent necessary, and the terms of any such contract shall be enforceable by such bondholders in any appropriate legal proceeding. Any such contract if made with another public body or municipality may be enforceable without the requirement of formal consideration.
Fla. Stat. § 153.84
Contracts enforceable by bondholders
Known as the County Water and Sewer District Law
The act spans §§ 153–153 (39 sections).
History.--s. 35, ch. 59-466.
Official source: Online Sunshine (Florida Legislature). Reproduced from public-domain Florida statutes; confirm against the official source for the current text. Not legal advice.