Florida Statutes

§ 687.142 — Responsibility of principals

Florida § 687.142

JurisdictionFlorida

TitleXXXIX

Ch. 687INTEREST AND USURY; LENDING PRACTICES

This text of Florida § 687.142 (Responsibility of principals) 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. § 687.142 (2026).

Text

Each principal of a loan broker may be sanctioned for the actions of the loan broker, including its agents or employees, in the course of business of the loan broker.

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Legislative History

s. 3, ch. 91-87.

Nearby Sections

15

§ 687.01

Rate of interest in absence of contract

§ 687.02

“Usurious contracts” defined

§ 687.03

“Unlawful rates of interest” defined; proviso

§ 687.0303

“Line of credit” defined

§ 687.0304

Credit agreements

§ 687.031

Construction, ss. 687.02 and 687.03

§ 687.04

Penalty for usury; not to apply in certain situations

§ 687.05

Provisions for payment of attorney’s fees

§ 687.06

Attorney’s fee in enforcing nonusurious contracts; proviso; insurance premiums; attorney’s fee provided in note

§ 687.071

Criminal usury, loan sharking

§ 687.08

Person lending money to give borrower receipt for payments; contents of receipt; penalty for violation

§ 687.09

Persons accepting chattel mortgage as security for loans under $100 to cause amount as principal, interest, and fees to be inserted

§ 687.10

Not applicable to chartered banks, trust companies, building and loan associations, savings and loan associations, or insurance companies

§ 687.12

Interest rates; parity among licensed lenders or creditors

§ 687.125

Compounding of interest

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Bluebook (online)

Florida § 687.142, Counsel Stack Legal Research, https://law.counselstack.com/statute/fl/687.142.