FL S1434

Allows community development districts with outstanding financial obligations or operating/maintenance responsibilities to be dissolved through court-appointed receivership, even if previously declared inactive

General-purpose local governments that established a district may petition the court to dissolve it by receivership after a majority vote

For districts established by the Florida Land and Water Adjudicatory Commission, a majority of real property owners may petition the commission to initiate dissolution by receivership

Courts must hold a hearing before appointing receivers and have exclusive jurisdiction over the district and all its property during dissolution proceedings

Receivers may be individuals or corporations, may dispose of district assets at public or private sale, and may receive compensation from district assets during the receivership process