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Can you summarize Florida Administrative Code > MONEY TRANSMITTERS?
Florida Administrative Code > MONEY TRANSMITTERS
Short Summary
The provided legal document content consists of multiple sections from the Florida Administrative Code governing money transmitters, deferred presentment transactions, check cashers, and consumer credit counseling services in Florida. These documents outline the requirements, procedures, and obligations for various entities involved in these activities. They cover topics such as licensing, application procedures, record-keeping, reporting requirements, fees, database transactions, termination of activity, and confidentiality of information. The documents aim to ensure compliance with state and federal laws, promote transparency, protect consumers, and maintain the integrity of financial transactions. While the documents provide detailed guidelines and regulations, they do not specify any penalties for non-compliance or violations. It is important for the relevant entities to carefully review and adhere to these requirements to operate legally and ethically in the state of Florida.
Whom does it apply to?
The documents apply to licensees, authorized vendors, payment instrument sellers, money transmitters, foreign currency exchangers, check cashers, and consumer credit counseling agencies in Florida.
What does it govern?
The documents cover various aspects of money transmission, deferred presentment transactions, check cashing, and consumer credit counseling services in Florida.
What are exemptions?
No specific exemptions are mentioned in these documents.
What are the Penalties?
The documents do not specify any penalties for non-compliance or violations.
Jurisdiction
Florida