Conn Appliances, Inc.; On 3/13/2019, the Florida Office of Financial Regulation (Consumer Finance) received a Petition for Declaratory Statement from Conn Appliances, Inc. The petition seeks a declaratory statement from the Office on whether it is ...

 

DEPARTMENT OF FINANCIAL SERVICES

Finance

NOTICE IS HEREBY GIVEN that the Florida Office of Financial Regulation has received the petition for declaratory statement from Conn Appliances, Inc. The petition seeks the agency's opinion as to the applicability of Chapters 516, 520, and 687 Florida Statutes, as it applies to the petitioner.

On 3/13/2019, the Florida Office of Financial Regulation (Consumer Finance) received a Petition for Declaratory Statement from Conn Appliances, Inc. The petition seeks a declaratory statement from the Office on whether it is permissible "to offer credit to retail buyers pursuant to retail installment contracts that provide for interest to be charged at the rates permitted by Chapter 516, provided that the retail installment contracts disclose to such retail buyers that such rates are authorized pursuant to Sections 516.031 and 687.12 of the 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], [e-mail].

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