§ 288.71025, Fla. Stat. · Part IV. SMALL AND MINORITY BUSINESS
Prohibited acts; penalties.
Text — 2026 Florida Statutes
(1) It is unlawful for any person to hold itself out as a black business investment corporation without being certified as eligible to participate in the Florida Black Business Loan Program.
(2) In addition to any other penalties or remedies provided under law, the department may bring a civil action in any court of competent jurisdiction against any person for a knowing or willful violation of this section. Upon an adverse adjudication, the court may impose a civil penalty of up to $500 and payment of court costs and reasonable attorney’s fees incurred by the plaintiff.
Notes and commentary — not statutory text
History
s. 12, ch. 2007-157; s. 5, ch. 2010-39; s. 39, ch. 2013-15.
Source of truth
- Edition
- 2026 Florida Statutes
- Official file
- https://www.leg.state.fl.us/Statutes/index.cfm?App_mode=Display_Statute&URL=0200-0299/0288/0288.html
- Text hash
- sha256 59849a05ab4308bd00ff9f7c24897cb3ac34e61e7642586bca5cab9d27ba150b
- Composed by
- compose_v2.py 2026-10-04: the Legislature's structured HTML read in document order; verify_v2.py's independent reading agrees character for character
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Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.