27405427, 69V-40.111 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 27405427

Notice of Development of Rulemaking

Department:

DEPARTMENT OF FINANCIAL SERVICES

Division:

Finance

Chapter:

MORTGAGE BROKERAGE

Overview

RULE:

69V-40.111

Disciplinary Guidelines

PURPOSE:

The purpose and effect is to amend existing rules to conform to and implement Chapter No. 2023-130, Laws of Florida, which was signed into law on May 24, 2023 and went into effect on July 1, 2023. The law authorizes mortgage lenders to transact business from branch offices and remote locations and provides requirements for operating from remote locations. In addition, the rules will be amended to revise penalty provisions in the disciplinary guidelines.

SUBJECT:

Consumer Finance

RULEMAKING AUTHORITY:

494.0011(2)

LAW:

494.0016, 494.00165, 494.0023, 494.0025, 494.00255, 494.0026, 494.00296, 494.00331, 494.0035, 494.0036, 494.0038, 494.0039, 494.004, 494.0042, 494.0043, 494.0063, 494.00665, 494.0067, 494.0069, 494.007, 494.0071, 494.00721, 494.0075, 494.0076

PRINT PUBLISH DATE:

8/9/2023 Vol. 49/154

RELATED STATUTES
AND LAWS:

494.0011(2), 494.0016, 494.00165, 494.0023, 494.0025, 494.00255, 494.0026, 494.00296, 494.00331, 494.0035, 494.0036, 494.0038, 494.0039, 494.004, 494.0042, 494.0043, 494.0063, 494.00665, 494.0067, 494.0069, 494.007, 494.0071, 494.00721, 494.0075, 494.0076

OVERSIGHT COMMITTEE:

Joint Administrative Procedures Committee
Florida Administrative Law Central Online Network (F.A.L.C.O.N.)

RELATED COURT CASES:

Division of Administrative Hearings

FEDERAL eRULEMAKING
WEB PORTAL:

Regulations.gov

HOW TO LINK TO
THIS NOTICE:

http://flrules.org/gateway/ruleno.asp?id=69V-40.111&PDate=8/9/2023&Section=1

REFERENCE MATERIALS:

No reference(s).

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