National Liquidators in Fort Lauderdale will handle the auction for Citicorp, the nation’s largest bank, which repossessed the boats from failed dealerships in other parts of the country.

One is in such bad shape that "the (owning) bank abandoned it," Shultz said ... State law permits marina operators to impound and auction boats to recover past-due charges, once the owner falls ...

The auctions are open to the public and acceptable forms of payment include cash, most credit cards, and checks with a bank letter to ... pontoon boats, a bass boat, golf carts, lawn equipment ...

Union Bank and Lake Osceola ... collateral and must be sold in an auction, with the proceeds going to the banks. The injunction lists 17 vehicles and boats that must be moved to Lakeside Motor ...