560.212 – Financial liability.
560.212 Financial liability.—A licensee under this part is liable for the payment of all currency, monetary value, payment instruments, or virtual currency transmitted and payment instruments that it sells, in whatever form and whether directly or through an authorized vendor, as the maker, drawer, or principal thereof, regardless of whether such items are negotiable or nonnegotiable. […]
560.128 – Customer contacts; license display.
560.128 Customer contacts; license display.— (1) A money services business and authorized vendor must provide each customer with a toll-free telephone number for the purpose of contacting the money services business or authorized vendor or, in lieu of a toll-free telephone number, the address and telephone number of the office may be provided. (2) The commission may by […]
560.213 – Payment instrument information.
560.213 Payment instrument information.—Each payment instrument sold or issued by a licensee, directly or through an authorized vendor, must bear the name of the licensee, and any other information as may be required by rule, clearly imprinted thereon. History.—s. 2, ch. 94-238; s. 2, ch. 94-354; s. 38, ch. 2008-177.
560.129 – Confidentiality.
560.129 Confidentiality.— (1) Except as otherwise provided in this section, all information concerning an investigation or examination conducted by the office pursuant to this chapter, including any customer complaint received by the office or the Department of Financial Services, is confidential and exempt from s. 119.07(1) and s. 24(a), Art. I of the State Constitution until the […]
560.303 – License required.
560.303 License required.— (1) A person may not engage in, or in any manner advertise engagement in, the business of cashing payment instruments or exchanging foreign currency without being licensed under this part. (2) A person licensed under this part may not engage directly in the activities that require a license under part II of this chapter but […]
560.1401 – Licensing standards.
560.1401 Licensing standards.—To qualify for licensure as a money services business under this chapter, an applicant must: (1) Demonstrate to the office the character and general fitness necessary to command the confidence of the public and warrant the belief that the money services business or deferred presentment provider shall be operated lawfully and fairly. (2) Be legally authorized […]
560.304 – Exemption from licensure.
560.304 Exemption from licensure.—The requirement for licensure under this part does not apply to a person cashing payment instruments that have an aggregate face value of less than $2,000 per person per day and that are incidental to the retail sale of goods or services whose compensation for cashing payment instruments at each site does not […]
560.141 – License application.
560.141 License application.— (1) To apply for a license as a money services business under this chapter, the applicant must submit: (a) An application to the office on forms prescribed by rule which includes the following information: 1. The legal name and address of the applicant, including any fictitious or trade names used by the applicant in the conduct […]
560.309 – Conduct of business.
560.309 Conduct of business.— (1) A licensee may transact business under this part only under the legal name under which the person is licensed. The use of a fictitious name is allowed if the fictitious name has been registered with the Department of State and disclosed to the office as part of an initial license application, or […]
560.142 – License renewal.
560.142 License renewal.— (1) A license may be renewed for a subsequent 2-year period by furnishing such application as required by rule, together with the payment of a nonrefundable renewal fee as provided under s. 560.143, on or before the license expiration date, or for the remainder of any such period without proration following the date of […]