687.148 – Duties and Powers of the Commission and Office.
687.148 Duties and powers of the commission and office.— (1) The office is responsible for the administration and enforcement of this act. (2) The commission may adopt such rules as it may deem necessary in the administration of this act and not inconsistent therewith. History.—s. 9, ch. 91-87; s. 1878, ch. 2003-261.
687.15 – Benchmark Replacements for the London Interbank Offered Rate.
1687.15 Benchmark replacements for the London Interbank Offered Rate.— (1) The Legislature finds that the discontinuation of the London Interbank Offered Rate (LIBOR) as a viable interest rate threatens the continued viability of certain contracts, securities, and instruments and the rights of the parties to those contracts, securities, or instruments. Furthermore, the threat of unknown and potentially […]
687.05 – Provisions for Payment of Attorney’s Fees.
687.05 Provisions for payment of attorney’s fees.—No provision for the payment of attorney’s fees, or charge for exchange or similar charge shall render such instrument subject to the terms of any statute of this state, limiting the amount of interest which shall be charged on such instrument. History.—s. 2, ch. 4374, 1895; GS 3107; RGS 4853; […]
687.147 – Actions for Damages.
687.147 Actions for damages.— (1) Any borrower injured by a violation of this act may bring an action for recovery of damages. Judgment shall be entered for actual damages, but in no case less than the amount paid by the borrower to the loan broker, plus reasonable attorney’s fees and costs. An award may also be entered […]
687.06 – Attorney’s Fee in Enforcing Nonusurious Contracts; Proviso; Insurance Premiums; Attorney’s Fee Provided in Note.
687.06 Attorney’s fee in enforcing nonusurious contracts; proviso; insurance premiums; attorney’s fee provided in note.—This chapter shall not be so construed as to prevent provision for the payment of such attorney’s fees as the court may determine in cases brought before the court to be reasonable and just for legal services rendered in enforcing nonusurious contracts, […]
687.071 – Criminal Usury, Loan Sharking.
687.071 Criminal usury, loan sharking.— (1) DEFINITIONS.—The following words and phrases, as used in this section, shall have the following meanings: (a) “Person” shall be construed to be defined as provided in s. 1.01. (b) “Creditor” means any person who makes an extension of credit or any person claiming by, under, or through such person. (c) “Debtor” means any person […]
687.08 – Person Lending Money to Give Borrower Receipt for Payments; Contents of Receipt; Penalty for Violation.
687.08 Person lending money to give borrower receipt for payments; contents of receipt; penalty for violation.— (1) Every person, or the agent, officer, or other representative of any person, lending money in this state upon security shall, whenever the borrower of such money makes a payment of any money, either principal or interest, immediately upon such payment […]
687.09 – Persons Accepting Chattel Mortgage as Security for Loans Under $100 to Cause Amount as Principal, Interest, and Fees to Be Inserted.
687.09 Persons accepting chattel mortgage as security for loans under $100 to cause amount as principal, interest, and fees to be inserted.—Every mortgagee accepting a mortgage on personal property as security for the repayment of a loan of money less than $100 shall cause to be stated in such mortgage, separately and distinctly, the several amounts […]
687.10 – Not Applicable to Chartered Banks, Trust Companies, Building and Loan Associations, Savings and Loan Associations, or Insurance Companies.
687.10 Not applicable to chartered banks, trust companies, building and loan associations, savings and loan associations, or insurance companies.—The provisions of ss. 687.08 and 687.09 shall not apply to chartered banks, state or national, trust companies, building and loan associations or to savings and loan associations, whether chartered under state or federal statutes, or insurance companies. […]
687.12 – Interest Rates; Parity Among Licensed Lenders or Creditors.
687.12 Interest rates; parity among licensed lenders or creditors.— (1) Any lender or creditor licensed or chartered under chapter 516, chapter 520, chapter 657, chapter 658 or former chapter 659, former chapter 664 or former chapter 656, chapter 665, or part XV of chapter 627; any lender or creditor located in this state and licensed or chartered […]