Florida Statutes § 560.408 — Legislative intent; report.
Search Florida StatutesFrom the Legislature's 2026 edition, which includes changes effective through January 1, 2027. Later effective dates are retained in each section's source notes.
Part IV — DEFERRED PRESENTMENT
It is the intent of the Legislature to provide for the regulation of deferred presentment transactions. It is further the intent of the Legislature to prevent fraud, abuse, and other unlawful activity associated with deferred presentment transactions in part by:
(1) Providing for sufficient regulatory authority and resources to monitor deferred presentment transactions.
(2) Preventing rollovers.
(3) Regulating the allowable fees charged in connection with a deferred presentment transaction.
History
History.—s. 13, ch. 2001-119; s. 730, ch. 2003-261; s. 111, ch. 2005-2.
Source captured on 2026-10-10. Read the official chapter.