Florida Regulations 69V-560.108: Declaration of Intent to Engage in Deferred Presentment Transactions
Current as of: 2024 | Check for updates
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(1) A person who seeks to act as a deferred presentment provider shall:
(a) Be licensed pursuant to part II or Part III of chapter 560, F.S., and must at all times thereafter remain licensed pursuant to part II or Part III; and,
(b) Submit a completed Form OFR-560-03 (Declaration of Intent to Engage in Deferred Presentment Transactions) together with the required nonrefundable fee for deferred presentment providers.
(2) A licensee may not convey authority to an authorized vendor to engage in deferred presentment transactions on behalf of the licensee.
(3) Form OFR-560-03 (Declaration of Intent to Engage in Deferred Presentment Transactions) is incorporated by reference in Fl. Admin. Code R. 69V-560.1012
Rulemaking Authority 560.105, 560.126, 560.403, 560.404 FS. Law Implemented 560.403, 560.404 FS. History-New 11-4-01, Formerly 3C-560.108, Amended 7-15-07, 1-13-09.
(b) Submit a completed Form OFR-560-03 (Declaration of Intent to Engage in Deferred Presentment Transactions) together with the required nonrefundable fee for deferred presentment providers.
(2) A licensee may not convey authority to an authorized vendor to engage in deferred presentment transactions on behalf of the licensee.
(3) Form OFR-560-03 (Declaration of Intent to Engage in Deferred Presentment Transactions) is incorporated by reference in Fl. Admin. Code R. 69V-560.1012
Rulemaking Authority 560.105, 560.126, 560.403, 560.404 FS. Law Implemented 560.403, 560.404 FS. History-New 11-4-01, Formerly 3C-560.108, Amended 7-15-07, 1-13-09.