Opinion
No. 88-1614.
January 31, 1990. Rehearing and Clarification Determined Moot July 31, 1990.
Appeal from the Department of Banking and Finance, Division of Securities.
William J. Beiswanger, North Palm Beach, for appellants.
Charles L. Stutts, Gen. Counsel, Charles E. Scarlett and Belinda G. Noah, Asst. Gen. Counsels, Tallahassee, for appellee.
We dismiss this appeal as being frivolous. The construction of section 517.131(2), Florida Statutes (1987), advocated by the appellants is not supported by legislative history, case law, or the plain reading of the statute itself. Moreover, appellants did not meet the criteria for recovery from the fund mandated by statute even if their flawed interpretation were accepted.
Dismissed as frivolous.
LETTS and WARNER, JJ., and KANAREK, PAUL B., Associate Judge, concur.