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Can operating funds be commingled with reserve funds?

April 26, 2017commingled funds operating Reserve

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Can operating funds be commingled with reserve funds?

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No. However, the managing entity may maintain operating and reserve funds within a single account for a period not to exceed 30 days after the date on which the managing entity received payment of such funds per sections 721.15(9)(a) and (b), F.S.