§ 560.1401, Fla. Stat. · Part I. GENERAL PROVISIONS
Licensing standards.
Text — 2026 Florida Statutes
To qualify for licensure as a money services business under this chapter, an applicant must:
(1) Demonstrate to the office the character and general fitness necessary to command the confidence of the public and warrant the belief that the money services business or deferred presentment provider shall be operated lawfully and fairly.
(2) Be legally authorized to do business in this state.
(3) Be registered as a money services business with the Financial Crimes Enforcement Network as required by 31 C.F.R. s. 1022.380, if applicable.
(4) Have an anti-money laundering program in place which meets the requirements of 31 C.F.R. s. 1022.210.
(5) Provide the office with all the information required under this chapter and related rules.
Notes and commentary — not statutory text
History
s. 25, ch. 2008-177; s. 5, ch. 2014-81.
Source of truth
- Edition
- 2026 Florida Statutes
- Official file
- https://www.leg.state.fl.us/Statutes/index.cfm?App_mode=Display_Statute&URL=0500-0599/0560/0560.html
- Text hash
- sha256 99d6c4cde1a6585097cde48dfcd698faf9763b5b5b0f0226ae45df0f940cc2a8
- 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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Cited by 2 provisions
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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.