(1) A person may not engage in, or in any manner advertise engagement in, the business of cashing payment instruments or exchanging foreign currency without being licensed under this part.
(2) A person licensed under this part may not engage directly in the activities that require a license under part II of this chapter but may be an authorized vendor for a person licensed under part II.
(3) A person exempt from licensure under this part engaging in the business of cashing payment instruments or the exchanging of foreign currency may not charge fees in excess of those provided in s. 560.309.
History.—s. 3, ch. 94-238; s. 3, ch. 94-354; s. 39, ch. 2008-177.
Structure Florida Statutes
Title XXXIII - Regulation of Trade, Commerce, Investments, and Solicitations
Chapter 560 - Money Services Businesses
Part III - Check Cashing and Foreign Currency Exchange (Ss. 560.303-560.312)
560.304 - Exemption from licensure.
560.309 - Conduct of business.
560.310 - Records of check cashers and foreign currency exchangers.
560.312 - Database of payment instrument transactions; confidentiality.