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Part I - General Provisions (Ss. 560.103-560.144)
560.103 - Definitions. - (1) “Affiliated party” means a control person, employee, or foreign...
560.104 - Exemptions. - (1) Banks, credit card banks, credit unions, trust companies, associations,...
560.105 - Supervisory powers; rulemaking. - (1) The office shall: (a) Supervise all money services businesses...
560.107 - Liability. - History.—s. 1, ch. 94-238; s. 1, ch. 94-354; s. 690,...
560.109 - Examinations and investigations. - (1) The office may, without advance notice, examine or investigate...
560.1091 - Contracted examinations. - (1) The person or firm selected by the office may...
560.1092 - Examination expenses. - (1) Each licensee examined shall pay to the office the...
560.1105 - Records retention. - (1) The records required under this chapter may be maintained...
560.111 - Prohibited acts. - (1) A money services business, authorized vendor, or affiliated party...
560.113 - Injunctions; receiverships; restitution. - (1) If the office determines that any person has engaged...
560.114 - Disciplinary actions; penalties. - (1) The following actions by a money services business, authorized...
560.1141 - Disciplinary guidelines. - (1) The commission shall adopt by rule disciplinary guidelines applicable...
560.115 - Surrender of license. - History.—s. 1, ch. 94-238; s. 1, ch. 94-354; s. 698,...
560.116 - Civil immunity. - History.—s. 1, ch. 94-238; s. 1, ch. 94-354; s. 699,...
560.118 - Reports. - (1) Annual financial audit reports must be filed with the...
560.121 - Access to records; record retention; penalties. - (1) Orders of courts or of administrative law judges for...
560.123 - Florida Control of Money Laundering in Money Services Business Act. - (1) This section may be cited as the “Florida Control...
560.1235 - Anti-money laundering requirements. - (1) A licensee and authorized vendor must comply with all...
560.124 - Sharing of information. - History.—s. 1, ch. 94-238; s. 1, ch. 94-354; s. 19,...
560.125 - Unlicensed activity; penalties. - (1) A person may not engage in the business of...
560.126 - Required notice by licensee. - (1) A licensee must provide the office with a written...
560.127 - Control of a money services business. - (1) Possesses the power, directly or indirectly, to direct the...
560.128 - Customer contacts; license display. - (1) A money services business and authorized vendor must provide...
560.129 - Confidentiality. - (1) Except as otherwise provided in this section, all information...
560.1401 - Licensing standards. - (1) Demonstrate to the office the character and general fitness...
560.141 - License application. - (1) To apply for a license as a money services...
560.142 - License renewal. - (1) A license may be renewed for a subsequent 2-year...
560.143 - Fees. - (1) LICENSE APPLICATION FEES.—The applicable non-refundable fees must accompany an...
560.144 - Deposit of fees and assessments. - History.—s. 1, ch. 94-238; s. 1, ch. 94-354; s. 5,...
Part II - Payment Instruments and Funds Transmission (Ss. 560.203-560.213)
560.203 - Exemptions from licensure. - History.—s. 2, ch. 94-238; s. 2, ch. 94-354; s. 29,...
560.204 - License required. - (1) Unless exempted, a person may not engage in, or...
560.205 - Additional license application requirements. - (1) A sample authorized vendor contract, if applicable. (2) A...
560.208 - Conduct of business. - (1) May conduct its business at one or more locations...
560.2085 - Authorized vendors. - (1) Within 60 days after an authorized vendor commences business,...
560.209 - Net worth; corporate surety bond; collateral deposit in lieu of bond. - (1) A licensee must have a net worth of at...
560.210 - Permissible investments. - (1) A licensee must at all times possess permissible investments...
560.211 - Required records. - (1) In addition to the record retention requirements under s....
560.212 - Financial liability. - History.—s. 2, ch. 94-238; s. 2, ch. 94-354; s. 37,...
560.213 - Payment instrument information. - History.—s. 2, ch. 94-238; s. 2, ch. 94-354; s. 38,...
Part III - Check Cashing and Foreign Currency Exchange (Ss. 560.303-560.312)
560.303 - License required. - (1) A person may not engage in, or in any...
560.304 - Exemption from licensure. - History.—s. 3, ch. 94-238; s. 3, ch. 94-354; s. 40,...
560.309 - Conduct of business. - (1) A licensee may transact business under this part only...
560.310 - Records of check cashers and foreign currency exchangers. - (1) A licensee engaged in check cashing must maintain for...
560.312 - Database of payment instrument transactions; confidentiality. - (1) Payment instrument transaction information held by the office pursuant...
Part IV - Deferred Presentment (Ss. 560.402-560.408)
560.402 - Definitions. - (1) “Affiliate” means a person who, directly or indirectly, through...
560.403 - Declaration of intent. - History.—s. 13, ch. 2001-119; s. 726, ch. 2003-261; s. 66,...
560.404 - Requirements for deferred presentment transactions. - (1) Each deferred presentment transaction must be documented in a...
560.4041 - Database for deferred presentment providers; public records exemption. - History.—s. 1, ch. 2001-268; s. 728, ch. 2003-261; s. 1,...
560.405 - Deposit; redemption. - (1) The deferred presentment provider or its affiliate may not...
560.406 - Worthless checks. - (1) If a check is returned to a deferred presentment...
560.408 - Legislative intent; report. - (1) Providing for sufficient regulatory authority and resources to monitor...