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Florida Statutes

Chapter 560

Fla. Stat. ch. 560

Money Services Businesses

560.101Short title 560.102Purpose; application 560.103Definitions 560.104Exemptions 560.105Supervisory powers; rulemaking 560.106Construction; standards 560.107Liability 560.108Administrative enforcement guidelines 560.109Examinations and investigations 560.1091Contracted examinations 560.1092Examination expenses 560.1105Records retention 560.111Prohibited acts 560.1115Unsafe and unsound practices 560.112Procedures for disciplinary actions 560.113Injunctions; receiverships; restitution 560.114Disciplinary actions; penalties 560.1141Disciplinary guidelines 560.115Surrender of license 560.116Civil immunity 560.117Administrative fines; enforcement 560.118Reports 560.119Deposit of fees and assessments 560.121Access to records; record retention; penalties 560.122Registration of existing money transmitters 560.123Florida Control of Money Laundering in Money Services Business Act 560.1235Anti-money laundering requirements 560.124Sharing of information 560.125Unlicensed or unregistered activity; penalties 560.126Required notice by licensee 560.127Control of a money services business 560.128Customer contacts; license display 560.129Confidentiality 560.1401Licensing standards 560.141License application 560.142License renewal 560.143Fees 560.144Deposit of fees and assessments 560.155Gold and silver coin as legal tender 560.200Short title 560.202Definitions 560.203Exemptions from licensure 560.204License required 560.205Additional license application requirements 560.206Investigation of applicants 560.207Renewal of registration; registration fee 560.208Conduct of business 560.2085Authorized vendors 560.209Net worth; corporate surety bond; collateral deposit in lieu of bond 560.210Permissible investments 560.211Required records 560.212Financial liability 560.213Payment instrument information 560.214Custodians of gold coin or silver coin 560.301Short title 560.302Definitions 560.303License required 560.304Exemption from licensure 560.305Application 560.306Standards 560.307Fees 560.308Registration terms; renewal; renewal fees 560.309Conduct of business 560.310Records of check cashers and foreign currency exchangers 560.312Database of payment instrument transactions; confidentiality 560.402Definitions 560.403Declaration of intent 560.404Requirements for deferred presentment transactions 560.4041Database for deferred presentment providers; public records exemption 560.405Deposit; redemption 560.406Worthless checks 560.408Legislative intent; report 560.501License requirement; exemptions; transition to federal oversight; definitions 560.502Additional license application requirements; office duties; application forms 560.503Limitation on payment stablecoin activities 560.504Minimum prudential requirements 560.505State certification 560.506Rulemaking authority 560.601Definitions 560.602Registration required; exemptions; penalties 560.603Registration applications 560.604Disclosures 560.605Transaction limits 560.606Mandatory receipt 560.607Mandatory refund