9398832, 5J-13.002 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 9398832

Notice of Proposed Rule

Department:

DEPARTMENT OF AGRICULTURE AND CONSUMER SERVICES

Division:

Division of Consumer Services

Chapter:

FLORIDA PAWNBROKING ACT

Overview

RULE:

5J-13.002	Licensing Requirements
5J-13.003	Security Requirements

PURPOSE:

The purpose and effect of the proposed amendments to Rule 5J-13.002, F.A.C., are to adopt by reference changes to DACS Form-10111, Pawnbroking Registration Application, Rev. 8/10. The purpose and effect of subsection 5J-13.003(3), F.A.C., is to implement Section 539.001(4)(a)2., F.S., through the use of the Irrevocable Letter of Credit form found on page 6 of DACS Form-10111, Pawnbroking Registration Application, Rev. 8/10.

SUMMARY:

Rule 5J-13.002, F.A.C., establishes the official updated filing form for any person who intends to operate as a pawnbroker. Amendments to subsection 5J-13.003(2), F.A.C., update amendments to the surety bond form included in the Pawnbroking Registration Application. New subsection 5J-13.003(3), F.A.C., establishes the appropriate form to use when filing an Irrevocable Letter of Credit with the Pawnbroking Registration Application, in lieu of a bond.

RULEMAKING AUTHORITY:

539.001(21), 570.07(23) FS.

LAW:

539.001(4)(a)2., 539.001(5)(a), (c), (d), (8)(a) FS.

PRINT PUBLISH DATE:

11/24/2010 Vol. 36/47

COMMENTS:

From 11/24/2010 To 12/15/2010 (21 Days)
The public comment period for this notice has already expired.

REFERENCE MATERIALS:

No reference(s).

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