69V-560.108. Declaration of Intent to Engage in Deferred Presentment Transactions

(1) A person who seeks to act as a deferred presentment provider shall:

(a) Be licensed pursuant to Part II or Part III of Chapter 560, F.S., and must at all times thereafter remain licensed pursuant to Part II or Part III; and

(b) Submit a completed Form OFR-560-03 (Declaration of Intent to Engage in Deferred Presentment Transactions) together with the required nonrefundable fee for deferred presentment providers.

(2) A licensee may not convey authority to an authorized vendor to engage in deferred presentment transactions on behalf of the licensee.

(3) Form OFR-560-03 (Declaration of Intent to Engage in Deferred Presentment Transactions) is incorporated by reference in Rule 69V-560.1012, F.A.C.

Specific Authority 560.105, 560.126, 560.403, 560.404 FS. Law Implemented 560.403, 560.404 FS. History–New 11-4-01, Formerly 3C-560.108, Amended 7-15-07, 1-13-09.