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SB 1894: Office of Financial Regulation of the Financial Services Commission

GENERAL BILL by Hays

Office of Financial Regulation of the Financial Services Commission; Providing for the deposit of certain fees, charges, and fines relating to loan originators and mortgage brokers into the Professional Regulation Trust Fund of the Department of Business and Professional Regulation; providing for a type two transfer of the administration of ch. 494, F.S., relating to loan originators and mortgage brokers, from the Office of Financial Regulation of the Financial Services Commission to the Department of Business and Professional Regulation; deleting a prohibition against engaging in the business of making consumer finance loans unless the person is licensed and otherwise authorized to make such loans, etc.

Effective Date: 7/1/2012
Last Action: 1/17/2012 Senate - Withdrawn from further consideration -SJ 213
Bill Text: Web Page | PDF

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