Department of Financial Services, Finance

 

DEPARTMENT OF FINANCIAL SERVICES
Finance

NOTICE OF RECEIPT OF PETITION FOR DECLARATORY STATEMENT

494.001(3): Interpretation for a Florida Branch Office License

NOTICE IS HEREBY GIVEN that on December 31, 2012, the State of Florida Office of Financial Regulation received a petition that was filed pursuant to Section 120.565, Florida Statutes, from Jim Petros, Esq., on behalf of Carrington Mortgage Services, LLC, for a declaratory statement concerning the interpretation of Chapter 494, Florida Statutes, as it applies to petitioner. The petition has requested a declaratory statement regarding the provision in Subsection 494.001(3), Florida Statutes, on whether Petitioner is required to apply for and obtain a Florida Branch License pursuant to Chapter 494, Florida Statutes. Specifically, the petition seeks a declaratory statement from the Office on whether the petitioner is required to apply for and obtain a Florida Branch License if the location only performs underwriting activities by way of W2 underwriter employees.

The Petition for Declaratory Statement is being processed and is available for public inspection by contacting the Agency Clerk, during normal business hours of 8:00 a.m. - 5:00 p.m., Monday through Friday, except legal holidays, at the Office of Financial Regulation, P.O. Box 8050, Tallahassee, Florida 32314-8050, [phone]. Please refer all comments, requests for copies, or inspection to Mrs. Cheryl Wolf, Esq., at the above-listed address, email: [e-mail].