1997 Florida Code
TITLE XXX SOCIAL WELFARE
Chapter 424 Limited Dividend Housing Companies  
424.03   Purpose, intent, and construction of chapter.

424.03  Purpose, intent, and construction of chapter.--The purpose and intention of the Legislature in the enactment of this chapter is to provide the necessary legislation for the creation of adequate facilities to make available to persons in Florida the benefits of the laws of the United States creating the 1Reconstruction Finance Corporation and vesting it with power to make loans and advances for housing facilities; and it shall be liberally construed as vesting in the Department of Community Affairs all necessary authority to enable the department to make rules and regulations for the control, supervision, regulation, and promotion of the activities of housing companies in such manner as to be in accord with the requirements of the 1Reconstruction Finance Corporation and the laws of the United States.

History.--s. 3, ch. 16028, 1933; CGL 1936 Supp. 4151(134); ss. 18, 35, ch. 69-106; s. 54, ch. 81-167; s. 57, ch. 83-55.

1Note.--The Reconstruction Finance Corporation was abolished by s. 6(a) of the Reorganization Plan No. 1 of 1957.