Florida Statute 559.553 | Lawyer Caselaw & Research

The 2024 Florida Statutes

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

Chapter 559
REGULATION OF TRADE, COMMERCE, AND INVESTMENTS, GENERALLY

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F.S. 559.553

559.553 Registration of consumer collection agencies required; exemptions.—

(1) A person may not engage in business in this state as a consumer collection agency or continue to do business in this state as a consumer collection agency without first registering in accordance with this part, and thereafter maintaining a valid registration.

(2) Each consumer collection agency doing business in this state shall register with the office and renew such registration annually as set forth in s. 559.555.

(3) This section does not apply to:

(a) An original creditor.

(b) A member of The Florida Bar.

(c) A financial institution authorized to do business in this state and any wholly owned subsidiary and affiliate thereof.

(d) A licensed real estate broker.

(e) An insurance company authorized to do business in this state.

(f) A consumer finance company and any wholly owned subsidiary and affiliate thereof.

(g) A person licensed pursuant to chapter 520.

(h) An out-of-state consumer debt collector who does not solicit consumer debt accounts for collection from credit grantors who have a business presence in this state.

(i) An FDIC-insured institution or subsidiary or affiliate thereof.

(4) An out-of-state consumer debt collector as defined in s. 559.55(11) who is not exempt from registration by application of subsection (3) and who fails to register in accordance with this part shall be subject to an enforcement action by the state as specified in s. 559.565.

History.—ss. 5, 13, ch. 93-275; s. 678, ch. 2003-261; s. 2, ch. 2014-116.

F.S. 559.553 on Google Scholar

F.S. 559.553 on Casetext

Amendments to 559.553

Arrestable Offenses / Crimes under Fla. Stat. 559.553

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

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 559.553.

Annotations, Discussions, Cases:

Cases Citing Statute 559.553

Total Results: 3

Bank of America, N.A. v. Siefker

Court: Fla. Dist. Ct. App. | Date Filed: 2016-10-13T00:00:00-07:00

Citation: 201 So. 3d 811, 2016 Fla. App. LEXIS 15179

Snippet: registered or required to be registered under section 559.553 are subject to disciplinary action for failure

Brindise v. U.S. Bank National Association

Court: Fla. Dist. Ct. App. | Date Filed: 2016-01-20T00:00:00-08:00

Citation: 183 So. 3d 1215, 2016 Fla. App. LEXIS 653, 2016 WL 229572

Snippet: provision, without change, from section 559.553(4) to 559,553(3), 2014 Fla. Sess. Law Serv. Ch. 2014-116…registered or required to be registered under section 559.553 are subject to disciplinary action for failure

Welch v. Florida West Coast, Inc.

Court: Fla. Dist. Ct. App. | Date Filed: 2002-04-24T00:53:00-07:00

Citation: 816 So. 2d 711

Snippet: Office of the Comptroller pursuant to section 559.553, Florida Statutes (1995), together with the required…construed the term "registered," in section 559.553(3), to mean issuance of a certificate of registration…agency to register with the Department. Section 559.553, entitled "Registration of consumer collection…required fee but may be rejected thereafter. Section 559.553 is not a licensing statute. It simply requires …conclude that the registration required by section 559.553 is complete upon submission *714 to the Department