655.921 – Transaction of Business by Out-of-State Financial Institutions; Exempt Transactions.
655.921 Transaction of business by out-of-state financial institutions; exempt transactions.— (1) The financial institutions codes do not prohibit a financial institution or business trust that has its principal place of business outside this state and that does not operate branches in this state from: (a) Contracting in this state with any person to acquire from such person a […]
655.769 – Definitions of Terms Used in Ss. 655.77-655.91.
655.769 Definitions of terms used in ss. 655.77-655.91.—As used in ss. 655.77-655.91, the term: (1) “Check” includes a share draft of a credit union. (2) “Deposit” includes a share of a credit union. (3) “Depositor” includes a member of a credit union. (4) “Institution” means any state or national bank, state or federal association, or state or federal credit union. […]
655.922 – Banking Business by Unauthorized Persons; Use of Name.
655.922 Banking business by unauthorized persons; use of name.— (1) Only a financial institution authorized to do business in this state pursuant to the financial institutions codes of any state or federal law may engage in the business of soliciting or receiving funds for deposit, issuing certificates of deposit, or paying checks in this state; and only […]
655.77 – Deposits by Minors.
655.77 Deposits by minors.—Deposits made by a minor, or made in the minor’s name by other than a court-appointed guardian, may be withdrawn by the minor in the absence of an agreement to the contrary made between the institution and the depositor at the time the account is opened. In case of any such agreement, such […]
655.93 – Definitions for Ss. 655.93-655.94.
655.93 Definitions for ss. 655.93-655.94.—As used in ss. 655.93-655.94, the term: (1) “Lessee” means a person who contracts with a lessor for the use of a safe-deposit box. (2) “Lessor” means a financial institution that rents safe-deposit facilities. (3) “Safe-deposit box” means a safe-deposit box, vault, or other safe-deposit receptacle maintained by a lessor, and the rules relating thereto […]
655.78 – Deposit Accounts in Two or More Names.
655.78 Deposit accounts in two or more names.— (1) Unless otherwise expressly provided in a contract, agreement, or signature card executed in connection with the opening or maintenance of an account, including a certificate of deposit, a deposit account in the names of two or more persons may be paid to, or on the order of, either […]
655.79 – Deposits and Accounts in Two or More Names; Presumption as to Vesting on Death.
655.79 Deposits and accounts in two or more names; presumption as to vesting on death.— (1) Unless otherwise expressly provided in a contract, agreement, or signature card executed in connection with the opening or maintenance of an account, including a certificate of deposit, a deposit account in the names of two or more persons shall be presumed […]
655.414 – Acquisition of Assets; Assumption of Liabilities.
655.414 Acquisition of assets; assumption of liabilities.—With prior approval of the office, and upon such conditions as the commission prescribes by rule, a financial institution may acquire 50 percent or more of the assets of, liabilities of, or a combination of assets and liabilities of any other financial institution in accordance with the procedures and subject […]
655.416 – Book Value of Assets.
655.416 Book value of assets.—Upon the effective date of a merger, consolidation, conversion, or acquisition pursuant to ss. 655.41-655.419, an asset may not be carried on the books of the resulting financial entity at a valuation higher than that at which it was carried on the books of a participating or converting financial institution at the […]
655.417 – Effect of Merger, Consolidation, Conversion, or Acquisition.
655.417 Effect of merger, consolidation, conversion, or acquisition.—From and after the effective date of a merger, consolidation, conversion, or acquisition, the resulting financial entity or entities may conduct business in accordance with the terms of the plan as approved, subject to the following conditions and limitations: (1) CONTINUING ENTITY.—Even though the charter of a participating or converting […]