655.55 – Law Applicable to Deposits in and Contracts Relating to Extensions of Credit by a Deposit or Lending Institution Located in This State.
655.55 Law applicable to deposits in and contracts relating to extensions of credit by a deposit or lending institution located in this state.— (1) The law of this state, excluding its law regarding comity and conflict of laws, governs all aspects, including without limitation the validity and effect, of any deposit account in a branch or office […]
655.059 – Access to Books and Records; Confidentiality; Penalty for Disclosure.
655.059 Access to books and records; confidentiality; penalty for disclosure.— (1) The books and records of a financial institution are confidential and shall be made available for inspection and examination only: (a) To the office or its duly authorized representative; (b) To any person duly authorized to act for the financial institution; (c) To any federal or state instrumentality or […]
655.56 – Collection of Fines, Interest, or Premiums on Loans Made by Financial Institutions.
655.56 Collection of fines, interest, or premiums on loans made by financial institutions.—No fines, interest, or premiums paid on the following loans made by any financial institution shall be deemed usurious, and the same may be collected as debts of like amount are now collected by law in this state and according to the terms and […]
655.0591 – Trade Secret Documents.
655.0591 Trade secret documents.— (1) If any person who is required to submit documents or other information to the office pursuant to the financial institutions codes, or by rule or order of the office or commission, claims that such submission contains a trade secret, such person may file with the office a notice of trade secret when […]
655.061 – Competitive Equality With Federally Organized or Chartered Financial Institutions.
655.061 Competitive equality with federally organized or chartered financial institutions.—Subject to the prior approval of the office pursuant to commission rule or office order of general application, state financial institutions subject to the financial institutions codes may make any loan or investment or exercise any power which they could make or exercise if incorporated or operating […]
655.071 – International Banking Facilities; Definitions; Notice Before Establishment.
655.071 International banking facilities; definitions; notice before establishment.— (1) “International banking facility” means a set of asset and liability accounts segregated on the books and records of a banking organization, as that term is defined in s. 201.23, that includes only international banking facility deposits, borrowings, and extensions of credit, as those terms shall be defined by […]
655.41 – Definitions.
655.41 Definitions.—As used in ss. 655.41-655.419, the term: (1) “Financial entity” means a financial institution whose principal office is in this state. (2) “Capital stock financial institution” means a financial institution that is authorized to issue capital stock. (3) “Mutual financial institution” means a financial institution that is not authorized to issue stock and the assets of which […]
655.411 – Conversion of Charter.
655.411 Conversion of charter.— (1) A financial entity may apply to the office for permission to convert its charter without changing its business form or to do business as another type of financial entity in accordance with the following procedures: (a) The board of directors must approve a plan of conversion by a majority vote of all the […]
655.412 – Merger and Consolidation.
655.412 Merger and consolidation.— (1) With the approval of the office, any capital stock financial institution may be merged into or consolidated with another capital stock financial institution or a mutual financial institution. The provisions of ss. 658.41-658.45 govern any merger or consolidation pursuant to this subsection; and, for this purpose, references therein to banks and trust […]
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 […]