Louis R. Karples.; The petition seeks a declaratory statement from the Office on whether Petitioner's proposed business plan (to offer small mortgage loans, as a private lender would be exempt from the licensing requirements of Florida’s Mortgage ...

 

DEPARTMENT OF FINANCIAL SERVICES

Finance

NOTICE IS HEREBY GIVEN that on January 20, 2016, the Office of Financial Regulation has received the petition for declaratory statement from Louis R. Karples. The petition seeks the agency’s opinion as to the applicability of Chapter 494, Florida Statutes, as it applies to the petitioner.

The petition seeks a declaratory statement from the Office on whether Petitioner’s proposed business plan (to offer small mortgage loans, as a private lender would be exempt from the licensing requirements of Florida’s Mortgage Brokerage and Lending Act, Chapter 494, Florida Statutes.)

A copy of the Petition for Declaratory Statement may be obtained by contacting: Agency Clerk, Office of Financial Regulation, P.O. Box 8050, Tallahassee, Florida 32314-8050, [phone].

Please refer all comments to: Agency Clerk, Office of Financial Regulation, P.O. Box 8050, Tallahassee, Florida 32314-8050, [phone] by February 12, 2016.