MISCELLANEOUS BANKING AND FINANCIAL INSTITUTIONS PROVISIONS
Banking, unlawful, without charter; penalty.
Municipality not preferred creditor.
Fidelity bonds for bank officers and employees.
Checks to clear at par.
Financially related services tie-ins.
Indian loan funds.
Customer access to appraisals.
Customer access to credit reports.
Powers and duties of the department.
Disclosure of financial records for child support enforcement.
Disclosure of financial records for Medical Assistance eligibility.
Disclosure of financial records for collection of unemployment insurance debt.
MORTGAGE BANKERS, LOAN ORIGINATORS
AND MORTGAGE BROKERS
Licensing of mortgage bankers and mortgage brokers.
Licensing of mortgage loan originators.
Persons exempt from mortgage loan originator provisions.
Nationwide mortgage licensing system and registry and cooperative arrangements.
Relationship between mortgage loan originator and either a mortgage banker or a mortgage broker.
Division's review of the operations of a mortgage loan originator, mortgage broker, or mortgage banker.
Record-keeping requirements for licensees.
Education and testing requirements for mortgage loan originators.
Mortgage banker, mortgage loan originator, and mortgage broker trust accounts.
Prohibited acts and practices, and discipline, of mortgage bankers, mortgage loan originators, and mortgage brokers.
Mortgage brokerage agreements and disclosures; mortgage broker agency relationship and duties.
Penalties and private cause of action.
Limitation on actions for commissions and other compensation.
Loan processors and underwriters.
NONDEPOSITORY SMALL BUSINESS LENDERS
Disclosure of certain application information.
Expiration of license.
Renewal of license.
Denial of or disciplinary action relating to license.
Required loan loss reserve.
Division review of nondepository lender operations.
Powers of licensee.
Required records and reports.
Ch. 224 Cross-reference
See definitions in s. 220.01
The soliciting, receiving, or accepting of money or its equivalent on deposit as a regular business by any person, partnership, association, or corporation, shall be deemed to be doing a banking business, whether such deposit is made subject to check or is evidenced by a certificate of deposit, a passbook, a note, a receipt, or other writing, provided that nothing herein shall apply to or include money left with an agent, pending investment in real estate or securities for or on account of the agent's principal.
991 a. 316; 1993 a. 490
; 2005 a. 158
A "junior achievement" bank would be a banking business and violate s. 224.03. 62 Atty. Gen. 254.