Application Procedure for Title Loan Lender

 

DEPARTMENT OF FINANCIAL SERVICES

Finance

RULE NO.:RULE TITLE:

69V-45.005Application Procedure for Title Loan Lender

 

NOTICE OF CHANGE

 

Notice is hereby given that the following changes have been made to the proposed rule in accordance with subparagraph 120.54(3)(d)1., F.S., published in Vol. 46 No. 192, October 1, 2020 issue of the Florida Administrative Register.

 

These changes are made in response to comments made by the Joint Administrative Procedures Committee.

 

69V-45.005 Application Procedure for Title Loan Lender.

(1) Each person desiring to apply for licensure as a title loan lender shall submit the following to the Office of Financial Regulation:

(a) A completed Application for Title Loan Lender, Form OFR-TLL-101 OFR-TTL-101, effective 05/01/2004 10/00, which is hereby incorporated by reference and available from the Office of Financial Regulation, 200 East Gaines Street, Tallahassee, Florida 32399-0375 and at http://www.flrules.org/Gateway/reference.asp?No=Ref-XXXX;

(b) No change.

(c) No change.

(d) No change.

(2) Each ultimate equitable owner of 10% or greater interest and each director, general partner, and executive officer of an entity applying for licensure as a title loan lender, shall submit a completed fingerprint card and a Biographical Summary for Title Loan Lender, Form OFR-TLL-BIO-1, effective 05/01/2004 10/00, to the Office of Financial Regulation. Form OFR-TLL-BIO-1 is hereby incorporated by reference and is available by mail from the Office of Financial Regulation, 200 East Gaines Street, Tallahassee, Florida 32399-0375 and at http://www.flrules.org/Gateway/reference.asp?No=Ref-XXXX.

(3) through (6) No change.