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Florida Administrative Code (Last Updated: November 11, 2024) |
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69. Department of Financial Services |
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69V. Finance |
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69V-85. Retail Installment Sales Act - General Rules |
1(1) Each active license and each active branch office license issued under Chapter 520, F.S., shall be renewed for the biennial period beginning January 1 of each odd-numbered year upon receipt of the statutory renewal fee required by Sections 40520.03, 41520.32, 42520.52, 43and 44520.63, F.S., 46as applicable.
48(2) If the Office of Financial Regulation has not received the renewal fee prior to January 1 of the renewal year, the license shall revert from active to inactive status. The inactive license may be reactivated within six (6) months after becoming inactive upon submission of the statutory renewal fee and reactivation fee equal to the renewal fee. A license that is not reactivated within six (6) months after becoming inactive automatically expires.
121(3) A renewal fee submitted electronically on the Office’s website shall be considered received on the date the Office issues a confirmation of payment to the licensee via the Office’s website. A confirmation is issued by the Office upon successful submission of your renewal payment.
166(4) If the payment is received in a paper format, the received date shall be the date stamped on the payment when received by the Department of Financial Services195’ 196Cashier197’198s Office in Tallahassee, Florida.
203(5) All fees required to be filed under this rule shall be filed electronically at www.flofr.com.
219(6) Any person may petition for waiver of the requirement of electronic submission of fees by filing a petition pursuant to Rule 24128-106.301, 242F.A.C243. Such petition shall demonstrate a technological or financial hardship that entitles the person to file the application, fees, data or form in a paper format.
269(7) If December 31 of the year is on a Saturday, Sunday or legal holiday pursuant to Section 287110.117, F.S., 289then the renewals received on the next business day will be considered timely received.
303Specific Authority 305520.03(3), 306520.32(3), 307520.52(3), 308520.63(2), 309520.994(3) FS. 311Law Implemented 313520.02(17), 314520.03(1), 315520.03(3), 316520.31(15), 317520.31(18), 318520.32(1), 319520.32(3), 320520.52(1), 321520.52(3), 322520.61(18), 323520.61(1), 324520.63(3) FS. 326History–327New 12-20-07.
