Florida Statute 288.71025 - Full Text and Legal Analysis

The 2025 Florida Statutes

Title XIX
PUBLIC BUSINESS

Chapter 288
COMMERCIAL DEVELOPMENT AND CAPITAL IMPROVEMENTS

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F.S. 288.71025

288.71025 Prohibited acts; penalties.—

(1) It is unlawful for any person to hold itself out as a black business investment corporation without being certified as eligible to participate in the Florida Black Business Loan Program.

(2) In addition to any other penalties or remedies provided under law, the department may bring a civil action in any court of competent jurisdiction against any person for a knowing or willful violation of this section. Upon an adverse adjudication, the court may impose a civil penalty of up to $500 and payment of court costs and reasonable attorney’s fees incurred by the plaintiff.

History.—s. 12, ch. 2007-157; s. 5, ch. 2010-39; s. 39, ch. 2013-15.

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