Florida § 687.141 Loan brokers; prohibited acts

Florida Statutes

§ 687.141 — Loan brokers; prohibited acts

Florida § 687.141

TitleXXXIX

Ch. 687INTEREST AND USURY; LENDING PRACTICES

This text of Florida § 687.141 (Loan brokers; prohibited acts) is published on Counsel Stack Legal Research, covering Florida primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Fla. Stat. § 687.141 (2026).

Text

No loan broker shall:

(1)Assess or collect an advance fee from a borrower to provide services as a loan broker.

(2)Make or use any false or misleading representations or omit any material fact in the offer or sale of the services of a loan broker or engage, directly or indirectly, in any act that operates or would operate as fraud or deception upon any person in connection with the offer or sale of the services of a loan broker, notwithstanding the absence of reliance by the buyer.

(3)Make or use any false or deceptive representation in its business dealings or to the office or conceal a material fact from the office.

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No loan broker shall:

(1) Assess or collect an advance fee from a borrower to provide services as a loan broker.

(2) Make or use any false or misleading representations or omit any material fact in the offer or sale of the services of a loan broker or engage, directly or indirectly, in any act that operates or would operate as fraud or deception upon any person in connection with the offer or sale of the services of a loan broker, notwithstanding the absence of reliance by the buyer.

(3) Make or use any false or deceptive representation in its business dealings or to the office or conceal a material fact from the office.