Hourly, Inc; On June 26, 2020, a Final Order on the Petition was issued. The Office determined that under the specific set of facts set forth in the Petition outlining the proposed business model, Petitioner will not receive currency, monetary value,...

 

DEPARTMENT OF FINANCIAL SERVICES

Finance

NOTICE IS HEREBY GIVEN that the Florida Office of Financial Regulation has issued an order disposing of the petition for declaratory statement filed by Hourly, Inc. on June 08, 2020. The following is a summary of the agency's disposition of the petition: On June 26, 2020, a Final Order on the Petition was issued. The Office determined that under the specific set of facts set forth in the Petition outlining the proposed business model, Petitioner will not receive currency, monetary value, or payment instruments for the purpose of transmitting the same by any means. Petitioner is not required to required to obtain a money transmitter license pursuant to chapter 560, Florida Statutes. ******The original petition was published June 10, 2020 in the Florida Administrative Register Volume 46, Number 113.

A copy of the Order Disposing 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].