Fla. Stat. § 560.204
License required
Redline — January 1, 2011 → current.View current text →
Current — January 1, 2022
As of January 1, 2011
(1) Unless exempted, a person may not engage in, or in any manner advertise that they engage in, the selling or issuing of payment instruments or in the activity of a money transmitter, for compensation, without first obtaining a license under this part. For purposes of this section, “compensation” includes profit or loss on the exchange of currency.
(1) Unless exempted, a person may not engage in, or in any manner advertise that they engage in, the activity of a payment instrument seller or money transmitter, for compensation, without first obtaining a license under this part. For purposes of this subsection, the term “compensation” includes profit or loss on the exchange of currency, monetary value, or virtual currency.
(2) A licensee under this part may also engage in the activities authorized under part III of this chapter without the imposition of any additional licensing fees.
(2) A licensee under this part may also engage in the activities authorized under part III of this chapter without the imposition of any additional licensing fees.
Official source: Online Sunshine (Florida Legislature). Reproduced from public-domain Florida statutes; confirm against the official source for the current text. Not legal advice.