655.015 – Construction; Standards to Be Observed by Commission and Office.
655.015 Construction; standards to be observed by commission and office.— (1) The financial institutions codes shall be liberally construed and applied to promote their purposes and policies. (2) The purposes and policies as stated in s. 655.001 constitute standards to be observed by the commission and office in the exercise of their discretionary powers under the financial institutions […]
655.001 – Purpose; Application.
655.001 Purpose; application.—The purposes of the financial institutions codes are to: (1) Provide general regulatory powers to be exercised by the Financial Services Commission and the Office of Financial Regulation in relation to the regulation of financial institutions. The financial institutions codes apply to all state-authorized or state-chartered financial institutions and to the enforcement of all laws […]
655.005 – Definitions.
655.005 Definitions.— (1) As used in the financial institutions codes, unless the context otherwise requires, the term: (a) “Affiliate” means a holding company of a financial institution established pursuant to state or federal law, a subsidiary or service corporation of such holding company, or a subsidiary or service corporation of a financial institution. (b) “Appropriate federal regulatory agency” means […]
655.012 – General Supervisory Powers; Rulemaking; Seal.
655.012 General supervisory powers; rulemaking; seal.— (1) In addition to other powers conferred by the financial institutions codes, the office shall have: (a) General supervision over all state financial institutions, their subsidiaries, and service corporations. (b) Access to all books and records of all persons over whom the office exercises general supervision as is necessary for the performance of […]
655.013 – Effect on Existing Financial Institutions.
655.013 Effect on existing financial institutions.—The charters of state financial institutions existing on July 1, 1992, shall continue in full force and effect. However, after that date, all state financial institutions and, to the extent applicable, all financial institutions shall operate in accordance with the financial institutions codes. History.—s. 9, ch. 92-303; s. 2, ch. 2011-194.