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Florida Administrative Code (Last Updated: April 18, 2024) |
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69. Department of Financial Services |
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69V. Finance |
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69V-85. Retail Installment Sales Act - General Rules |
1Pursuant to Section 4520.995(2), F.S., 6listed below is a range of disciplinary guidelines from which disciplinary penalties will be imposed upon persons guilty of violating Chapter 520, F.S. The disciplinary guidelines are based upon a single-act violation of each provision listed. Multiple acts of the violated provisions or a combination of violations may result in a higher penalty than that for a single, isolated violation. For purposes of this rule, the order of penalties, ranging from lowest to highest, is: reprimand, fine, probation, suspension, and revocation. Nothing in this rule shall preclude any discipline imposed upon a person pursuant to a stipulation or settlement agreement, nor shall the ranges of penalties set forth in this rule preclude the Office of Financial Regulation from issuing a letter of guidance when appropriate.
131(1) As provided in Section 136520.995(2)(c), F.S., 138the Office of Financial Regulation may, in addition to other disciplinary penalties, place a licensee or applicant for a license on probation. The placement of the licensee or applicant for a license on probation shall be for such a period of time and subject to such conditions as the Office of Financial Regulation may specify.
193(2) The minimum penalty for below listed sections is a reprimand and/or a fine up to $1,000.00 per act or separate offense. The maximum penalties are as listed:
222(a) 223520.03(4)
224–
225Reprimand
226(b) 227520.03(6)
228–
229Reprimand
230(c) 231520.07(1)
232–
233Probation
234(d) 235520.07(2)
236–
237Probation
238(e) 239520.07(3)
240–
241Probation
242(f) 243520.07(4)
244–
245Probation
246(g) 247520.07(5)
248–
249Probation
250(h) 251520.07(6)
252–
253Probation
254(i) 255520.07(7)
256–
257Probation
258(j) 259520.07(8)
260–
261Reprimand
262(k) 263520.08(1)
264–
265Probation
266(l) 267520.08(2)
268–
269Probation
270(m) 271520.08(3)
272–
273Probation
274(n) 275520.085
276–
277Probation
278(o) 279520.09
280–
281Probation
282(p) 283520.10
284–
285Probation
286(q) 287520.125(1)
288–
289Probation
290(r) 291520.125(2)
292–
293Probation
294(s) 295520.125(3)
296–
297Probation
298(t) 299520.125(4)
300–
301Probation
302(u) 303520.125(5)
304–
305Probation
306(v) 307520.125(6)
308–
309Probation
310(w) 311520.125(9)
312–
313Probation
314(x) 315520.125(10)
316–
317Probation
318(y) 319520.32(4)
320–
321Reprimand
322(z) 323520.32(6)
324–
325Reprimand
326(aa) 327520.34(1)
328–
329Probation
330(bb) 331520.34(2)
332–
333Probation
334(cc) 335520.34(3)
336–
337Probation
338(dd) 339520.34(4)
340–
341Probation
342(ee) 343520.34(5)
344–
345Probation
346(ff) 347520.34(6)
348–
349Probation
350(gg) 351520.34(7)
352–
353Probation
354(hh) 355520.34(8)
356–
357Probation
358(ii) 359520.34(9)
360–
361Probation
362(jj) 363520.34(10)
364–
365Probation
366(kk) 367520.34(11)
368–
369Probation
370(ll) 371520.34(12)
372–
373Probation
374(mm) 375520.345
376–
377Probation
378(nn) 379520.35
380–
381Probation
382(oo) 383520.351
384–
385Probation
386(pp) 387520.36
388–
389Probation
390(qq) 391520.37
392–
393Probation
394(rr) 395520.52(4)
396–
397Reprimand
398(ss) 399520.52(6)
400–
401Reprimand
402(tt) 403520.63(4)
404–
405Reprimand
406(uu) 407520.63(6)
408–
409Reprimand
410(vv) 411520.69(1)
412–
413Probation
414(ww) 415520.70
416–
417Probation
418(xx) 419520.71
420–
421Reprimand
422(yy) 423520.72
424–
425Suspension
426(zz) 427520.73(1)
428–
429Probation
430(aaa) 431520.73(2)
432–
433Probation
434(bbb) 435520.73(3)
436–
437Probation
438(ccc) 439520.73(4)
440–
441Probation
442(ddd) 443520.73(5)
444–
445Probation
446(eee) 447520.73(6)
448–
449Probation
450(fff) 451520.74
452–
453Probation
454(ggg) 455520.76
456–
457Probation
458(hhh) 459520.78
460–
461Probation
462(iii) 463520.785
464–
465Probation
466(jjj) 467520.79
468–
469Probation
470(kkk) 471520.80
472–
473Suspension
474(lll) 475520.81
476–
477Suspension
478(mmm) 479520.82
480–
481Reprimand
482(nnn) 483520.83
484–
485Probation
486(ooo) 487520.84
488–
489Probation
490(ppp) 491520.85
492–
493Probation
494(qqq) 495520.86
496–
497Probation
498(rrr) 499520.87
500–
501Reprimand
502(sss) 503520.88
504–
505Probation
506(ttt) 507520.90
508–
509Revocation
510(uuu) 511520.91
512–
513Revocation
514(vvv) 515520.92
516–
517Probation
518(www) 519520.995(1)(b)
520–
521Revocation
522(xxx) 523520.995(1)(c)
524–
525Revocation
526(yyy) 527520.995(1)(d)
528–
529Revocation
530(zzz) 531520.995(1)(e)
532–
533Revocation
534(aaaa) 535520.995(1)(f)
536–
537Revocation
538(bbbb) 539520.995(1)(g)
540–
541Revocation
542(cccc) 543520.995(1)(h)
544–
545Revocation
546(dddd) 547520.995(3)
548–
549Revocation
550(eeee) 551520.997(1)
552–
553Revocation
554(ffff) 555520.997(2)
556–
557Reprimand
558(gggg) 559520.997(3)
560–
561Revocation
562(3)(a) In the presence of aggravating or mitigating circumstances supported by clear and convincing evidence the Office of Financial Regulation shall be entitled to deviate from the above guidelines in imposing discipline upon a person.
597(b) Aggravating or mitigating circumstances may include, but are not limited to, the following:
6111. The severity of the act.
6172. The degree of harm to the consumer or public.
6273. The number of times the acts previously have been committed by the person.
6414. The disciplinary history of the person.
6485. The status of the person at the time the act was committed.
661Specific Authority 663520.994(5) FS. 665Law Implemented 667520.03, 668520.07, 669520.08, 670520.085, 671520.09, 672520.10, 673520.125, 674520.32, 675520.34, 676520.345, 677520.35, 678520.351, 679520.36, 680520.37, 681520.52, 682520.63, 683520.69, 684520.70, 685520.71, 686520.72, 687520.73, 688520.74, 689520.76, 690520.78, 691520.785, 692520.79, 693520.80, 694520.81, 695520.82, 696520.83, 697520.84, 698520.85, 699520.86, 700520.87, 701520.88, 702520.90, 703520.91, 704520.92, 705520.995, 706520.997 FS. 708History–New 3-20-91, Formerly 3D-85.111.
Related Statutes:
- 520.03, F.S.
- 520.07, F.S.
- 520.08, F.S.
- 520.085, F.S.
- 520.09, F.S.
- 520.10, F.S.
- 520.125, F.S.
- 520.32, F.S.
- 520.34, F.S.
- 520.345, F.S.
- 520.35, F.S.
- 520.351, F.S.
- 520.36, F.S.
- 520.37, F.S.
- 520.52, F.S.
- 520.63, F.S.
- 520.69, F.S.
- 520.70, F.S.
- 520.71, F.S.
- 520.72, F.S.
- 520.73, F.S.
- 520.74, F.S.
- 520.76, F.S.
- 520.78, F.S.
- 520.785, F.S.
- 520.79, F.S.
- 520.80, F.S.
- 520.81, F.S.
- 520.82, F.S.
- 520.83, F.S.
- 520.84, F.S.
- 520.85, F.S.
- 520.86, F.S.
- 520.87, F.S.
- 520.88, F.S.
- 520.90, F.S.
- 520.91, F.S.
- 520.92, F.S.
- 520.994, F.S.
- 520.995, F.S.
- 520.997, F.S.