Miami Bank & Trust Co. v. Board of Public Instruction
Citations
- 76 Fla. 531
- 80 So. 307
Syllabus
<p>1. Funds in the control of a Board of Public Instruction which were raised by the public for the specific purpose of building a school house, constitute trust funds for that purpose and may not be diverted to any other purpose until the purpose for which such funds were raised has been accomplished.</p> <p>2. One who has a claim against such funds under the regulations adopted for its proper disbursement may maintain a suit to enjoin the Board of Public Instruction from disbursing the funds for any purpose other than that for which they were raised.</p>
Judges: Browne, Ellis, Tatlor, West, Whitfield
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.