(1) Providing for sufficient regulatory authority and resources to monitor deferred presentment transactions.
(2) Preventing rollovers.
(3) Regulating the allowable fees charged in connection with a deferred presentment transaction.
History.—s. 13, ch. 2001-119; s. 730, ch. 2003-261; s. 111, ch. 2005-2.
Structure Florida Statutes
Title XXXIII - Regulation of Trade, Commerce, Investments, and Solicitations
Chapter 560 - Money Services Businesses
Part IV - Deferred Presentment (Ss. 560.402-560.408)
560.403 - Declaration of intent.
560.404 - Requirements for deferred presentment transactions.
560.4041 - Database for deferred presentment providers; public records exemption.