5G-2.002, F.A.C.
5G-2.002. Definition
Cite as Fla. Admin. Code r. 5G-2.002
A certificate of deposit is an interest bearing certificate of deposit deposited by a citrus fruit dealer in a national or Florida chartered bank or a savings and loan association which shall be assigned to the Department of Agriculture and Consumer Services and shall be in lieu of a surety bond as required in Section 601.61, F.S.