Public-domain · open source
OpenJurist

Fla. Stat. § 545.01

Definitions

Redline — January 1, 2011 → current.View current text →
Current — January 1, 2014
As of January 1, 2011
As used in this chapter, the term:
(1) “Affiliated finance company” means a finance company which:
(a) Is affiliated with or controlled by a manufacturer or wholesale distributor through common ownership, officers, directors, or management; or
(b) Has a contractual agreement with a manufacturer or wholesale distributor to finance, via sale or lease, motor vehicles produced or distributed by such manufacturer or wholesale distributor.
(2) “Automotive-related product” means a motor vehicle service agreement, as defined in s. 634.011, or a guaranteed asset protection product, as defined in s. 520.02, or other nontangible ancillary product that is purchased or otherwise provided as part of the sale or lease of a motor vehicle by a dealer.
(3) “Dealer” means a franchised motor vehicle dealer, as defined in s. 320.27(1)(c)1.
(4) “Finance company” means a person engaged in the business of financing the sale or lease of motor vehicles, or engaged in the business of purchasing or acquiring vehicle contracts in this state.
(5) “Manufacturer” means a person engaged, directly or indirectly, in the manufacture of motor vehicles.
(1) The term “person” as used in this chapter means any individual, firm, corporation, partnership, association, trustee, receiver or assignee for the benefit of creditors.
(6) “Person” means an individual, firm, corporation, partnership, limited liability company, association, trustee, receiver, or assignee for the benefit of creditors.
(2) The terms “sell,” “sold,” “buy” and “purchase,” as used in this chapter, include exchange, barter, gift, and offer to contract to sell or buy.
(7) “Sell,” “sold,” “buy,” or “purchase” includes an exchange, barter, gift, or offer to contract to sell or buy.
(3) The term “manufacturer” means any person engaged, directly or indirectly, in the manufacture of motor vehicles.
(8) “Third-party provider” means a provider of an automotive-related product that is not an affiliated finance company, manufacturer, or wholesale distributor.
(9) “Vehicle contract” means a conditional sales contract, retail installment sales contract, chattel mortgage, lease agreement, promissory note, or any other financial obligation arising from the retail sale or lease of a motor vehicle.
(4) The term “wholesale distributor” means any person engaged, directly or indirectly, in the sale or distribution of motor vehicles to agents or to dealers.
(10) “Wholesale distributor” means a person engaged, directly or indirectly, in the sale or distribution of motor vehicles to agents or to dealers.
(5) The term “dealer” means any person who is engaged in, or who intends to engage in the business of selling motor vehicles at retail in this state. The term “dealer” shall also include “retail agent.”
(6) The term “finance company” means any person engaged in the business of financing the sale of motor vehicles, or engaged in the business of purchasing or acquiring conditional bills of sale, or promissory notes, either secured by vendor’s lien or chattel mortgages, or arising from the sale of motor vehicles in this state.

Official source: Online Sunshine (Florida Legislature). Reproduced from public-domain Florida statutes; confirm against the official source for the current text. Not legal advice.