29154434, 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: 29154434

Notice of Proposed Rule

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

SUMMARY:

The rules will set forth processes and procedures for the filing of branch license applications and annual reports.

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:

1/17/2025 Vol. 51/12

COMMENTS:

From 1/17/2025 To 2/7/2025 (21 Days)
The public comment period for this notice has already expired.

REFERENCE MATERIALS:

No reference(s).

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