29052099, 69V-160.0301 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 29052099

Notice of Development of Rulemaking

Department:

DEPARTMENT OF FINANCIAL SERVICES

Division:

Finance

Chapter:

FLORIDA CONSUMER FINANCE ACT

Overview

RULE:

69V-160.0301	Application Procedures for a Consumer Finance Company Branch License.
69V-160.040	Annual Reports

PURPOSE:

The purpose and effect is to create Rules 69V-160.0301 and 69V-160.040, F.A.C., to conform to and implement Chapter No. 2024-276, Laws of Florida, which was signed into law on June 28, 2024 and went into effect July 1, 2024. The law creates a branch license for consumer finance companies and requires consumer finance companies to file an annual report with the Office. The rules will set forth processes and procedures for the filing of branch license applications and annual reports.

SUBJECT:

Consumer Finance

RULEMAKING AUTHORITY:

516.037, 516.22(1), 516.23(3), 516.03(1), 516.05(10), 516.38

LAW:

516.03(1), 516.037, 516.05, 516.07, 516.38

PRINT PUBLISH DATE:

1/3/2025 Vol. 51/02

RELATED STATUTES
AND LAWS:

516.037, 516.22(1), 516.23(3), 516.03(1), 516.05(10), 516.38, 516.03(1), 516.037, 516.05, 516.07, 516.38

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-160.0301&PDate=1/3/2025&Section=1

REFERENCE MATERIALS:

No reference(s).

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