(1) An application for a license to establish an international trust company representative office under this part must be accompanied by a nonrefundable $5,000 filing fee, payable to the office.
(2) An international trust entity that maintains an office licensed under this part must pay to the office examination fees that are determined by the commission by rule and that are calculated in a manner so as to be equal to the actual cost of each examiner’s participation in the examination, as measured by the examiner’s pay scale, plus any other expenses directly incurred in the examination. However, the examination fees may not be less than $200 per day for each examiner participating in the examination.
History.—s. 35, ch. 2017-83.
Structure Florida Statutes
Title XXXVIII - Banks and Banking
Chapter 663 - International Banking
Part III - International Trust Company Representative Offices (Ss. 663.4001-663.416)
663.402 - Applicability of the financial institutions codes.
663.403 - Applicability of the Florida Business Corporation Act.
663.404 - Requirements for conducting financial institution business.
663.405 - Civil action subpoena enforcement.
663.406 - Application for license; approval or disapproval.
663.407 - Capital requirements.
663.408 - Licenses; permissible activities of licensees.
663.409 - International trust company representative offices; permissible activities; requirements.
663.410 - Certification of capital accounts.
663.412 - Termination of international trust entity’s charter or authority.
663.413 - Application and examination fees.
663.414 - Rules; exemption from statement of estimated regulatory costs requirements.