27151869, 69V-160.030 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 27151869

Notice of Proposed Rule

Department:

DEPARTMENT OF FINANCIAL SERVICES

Division:

Finance

Chapter:

FLORIDA CONSUMER FINANCE ACT

Overview

RULE:

69V-160.030	Application Procedure for Consumer Finance License
69V-160.031	Consumer Finance License Renewal and Reactivation
69V-160.032	Amendments, Change of Name, Change of Entity and Change in Control or Ownership
69V-160.039	Adoption of Forms
69V-160.111	Disciplinary Guidelines

PURPOSE:

The purpose and effect is to amend existing rules to conform to and implement Chapter No. 2023-28, Laws of Florida, which was signed into law on May 2, 2023. The legislation will require applicants and licensees, beginning July 1, 2023, and upon application and license for renewal, to attest, under penalty of perjury whether the applicant or licensee is acting in compliance with newly enacted subsections 516.037(1) and (2), Florida Statutes. In addition the amended rules will clarify existing language relating to changes in personnel listed in applications and amended applications, and correct grammatical errors.

SUMMARY:

The amended rules will conform to and implement Chapter No. 2023-28, Laws of Florida, by incorporating a new form, which will serve as the attestation of compliance with the newly enacted subsections; will require applicants and licensees to submit the attestation of compliance form to the Office; and will provide sanctions for persons who violate the newly created subsections. In addition, the amendments will clarify existing language relating to changes in personnel listed in applications and amended applications, and correct grammatical errors.

RULEMAKING AUTHORITY:

516.03, 516.037, 516.03(1), 516.05, 516.05(4), 516.05(5), 516.05(10), 516.22, 516.22(1), 516.23(3)

LAW:

516.01., 516.02, 516.02(1), 516.03, 516.03(1), 516.031, 516.035, 516.037, 516.05, 516.05(1), 516.05(2), 516.05(4), 516.05(5), 516.07, 516.15, 516.16, 516.17, 516.21, 516.31, and 516.36.

PRINT PUBLISH DATE:

6/1/2023 Vol. 49/106

COMMENTS:

From 6/1/2023 To 6/22/2023 (21 Days)
The public comment period for this notice has already expired.

REFERENCE MATERIALS:

No reference(s).

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