Florida Statute 517.101 | Lawyer Caselaw & Research

The 2024 Florida Statutes

Title XXXIII
REGULATION OF TRADE, COMMERCE, INVESTMENTS, AND SOLICITATIONS

Chapter 517
SECURITIES TRANSACTIONS

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F.S. 517.101

517.101 Consent to service.—

(1) Upon any initial application for registration under s. 517.081 or s. 517.082 or upon request of the office, the issuer shall file with such application the irrevocable written consent of the issuer that in suits, proceedings, and actions growing out of the violation of any provision of this chapter, the service on the office of a notice, process, or pleading therein, authorized by the laws of this state, shall be as valid and binding as if due service had been made on the issuer.

(2) Any such action must be brought either in the county of the plaintiff’s residence or in the county in which the office has its official headquarters. The written consent must be authenticated by the seal of the issuer, if it has a seal, and by the acknowledged signature of a director, manager, managing member, general partner, trustee, or officer of the issuer and must be accompanied by a duly certified copy of the resolution of the issuer’s board of directors, trustees, managers, managing members, or general partners authorizing the signer to execute the consent. In case any process or pleadings mentioned in this chapter are served upon the office, service must be by duplicate copies, one of which must be filed in the office and the other immediately forwarded by the office by registered mail to the principal office of the issuer against which the process or pleadings are directed.

History.—s. 3, ch. 78-435; s. 5, ch. 80-254; s. 392, ch. 81-259; ss. 2, 3, ch. 81-318; ss. 14, 15, ch. 90-362; s. 4, ch. 91-429; s. 4, ch. 96-338; s. 7, ch. 97-224; s. 591, ch. 2003-261; s. 11, ch. 2024-168.

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Amendments to 517.101

Arrestable Offenses / Crimes under Fla. Stat. 517.101

Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 517.101.

Annotations, Discussions, Cases:

Cases Citing Statute 517.101

Total Results: 2

Birnholz v. 44 Wall Street Fund, Inc.

Court: Supreme Court of Florida | Date Filed: 1990-04-12

Citation: 559 So. 2d 1128, 15 Fla. L. Weekly Supp. 203, 1990 Fla. LEXIS 515, 1990 WL 43611

Snippet: irrevocable written consent as required by s. 517.101." [4] The amended statute exempted from the registration

Central Hanover Bank & Trust Co. v. Pan American Airways, Inc.

Court: Supreme Court of Florida | Date Filed: 1939-05-02

Citation: 188 So. 820, 137 Fla. 808, 1939 Fla. LEXIS 1917

Snippet: *Page 820 Brown v. Jefferson County, 211 Ala. 517, 101 South. Rep. 46. Such also is the effect of the