Speedy Green, LLC (SG), (Amended Petition) on April 26, 2016.; The original Petition was submitted March 9, 2016. On April 26, 2016 the Petition was withdrawn. Thereafter, on April 26, 2016 an Amended Petition was received. The petition ...

 

DEPARTMENT OF FINANCIAL SERVICES

Finance

NOTICE IS HEREBY GIVEN that the Office of Financial Regulation has received the petition for declaratory statement from Speedy Green, LLC (SG), (Amended Petition) on April 26, 2016. The petition seeks the agency’s opinion as to the applicability of Chapter 516, Florida Statutes, as it applies to the petitioner.

The original Petition was submitted March 9, 2016. On April 26, 2016 the Petition was withdrawn. Thereafter, on April 26, 2016 an Amended Petition was received. The petition seeks a declaratory statement from the Office on whether Petitioner's proposed business activities (of providing small loans to employees of companies who wish to provide their employees access to credit through SG’s services) fall within Florida’s Consumer Finance licensing statute Chapter 516, Florida Statutes, specifically, that the business model described in the Petition is in compliance with the Consumer Finance Act - Sections 516.16 and 516.26.

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] or [e-mail].

Please refer all comments to: Agency Clerk, Office of Financial Regulation, P.O. Box 8050, Tallahassee, Florida 32314-8050, [phone] or [e-mail] by May 13, 2016.