Florida Senate - 2012 SENATOR AMENDMENT
Bill No. CS/CS/HB 1223, 2nd Eng.
Barcode 323416
LEGISLATIVE ACTION
Senate . House
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Floor: WD .
03/09/2012 10:07 AM .
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Senator Evers moved the following:
1 Senate Amendment
2
3 Delete lines 1282 - 1288
4 and insert:
5 (3) A dealer of farm or industrial equipment who conducts a
6 repossession, as defined in s. 493.6101(22), of such equipment
7 is not subject to licensure as a recovery agent or recovery
8 agency if the dealer is regularly engaged in the sale of the
9 equipment for a particular manufacturer, the lender is
10 affiliated with that manufacturer, and the dealer uses his or
11 her own employees to conduct the repossession. The dealer may
12 repossess such equipment only if it can be done without breach
13 of the peace after reviewing the information provided by the
14 lender and confirming that the borrower’s name and any
15 identification or serial number of the equipment being
16 repossessed matches such information.