Florida Statute 658.19 | Lawyer Caselaw & Research

The 2024 Florida Statutes

Title XXXVIII
BANKS AND BANKING

Chapter 658
BANKS AND TRUST COMPANIES

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F.S. 658.19

658.19 Application for authority to organize a bank or trust company.—

(1) A written application for authority to organize a banking corporation or a trust company shall be filed with the office by the proposed directors and shall include:

(a) The name, residence, and occupation of each proposed director.

(b) The proposed corporate name.

(c) The total initial capital, the number of shares of each class of the capital stock to be authorized, and the par value of the shares of each class.

(d) The community, including the street and number, if available, or, if not available, the area within the community, where the principal office of the proposed bank or proposed trust company is to be located.

(e) If known, the name and residence of the proposed president, the proposed chief executive officer if other than the proposed president and, if the application is for organization of a trust company or a bank with trust powers, the name and address of the proposed trust officer.

(f) Such detailed financial, business, and biographical information as the commission or office may reasonably require for each proposed director, executive officer, and, if applicable, trust officer.

(g) A request for trust powers if desired in connection with an application to organize a bank.

(2) The application shall be in such form as the commission prescribes and contain such additional information as the commission or office reasonably requires and shall be accompanied by the required fee, which shall not be refundable.

(3) Notwithstanding chapter 120, an application may be returned to the applicant, on a one-time basis, for correction of substantial deficiencies and may be resubmitted without payment of an additional fee if such resubmission takes place within 60 days after the date the office returns the application.

History.—s. 2, ch. 28016, 1953; s. 1, ch. 63-181; ss. 12, 35, ch. 69-106; s. 2, ch. 70-263; s. 2, ch. 73-119; s. 3, ch. 76-168; s. 1, ch. 77-457; s. 1, ch. 79-144; ss. 9, 151, 152, ch. 80-260; s. 448, ch. 81-259; ss. 2, 3, ch. 81-318; ss. 15, 46, ch. 82-214; ss. 26, 58, ch. 85-82; s. 38, ch. 87-99; s. 8, ch. 89-229; s. 1, ch. 91-307; s. 1, ch. 92-303; s. 9, ch. 2001-243; s. 1763, ch. 2003-261; s. 4, ch. 2015-64.

Note.—Former s. 659.02.

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Amendments to 658.19

Arrestable Offenses / Crimes under Fla. Stat. 658.19

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

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 658.19.

Annotations, Discussions, Cases:

Cases Citing Statute 658.19

Total Results: 3

Floridian Community Bank v. State, Office of Fin. Reg.

Court: District Court of Appeal of Florida | Date Filed: 2008-09-10

Citation: 989 So. 2d 1231

Snippet: to organize a banking corporation in Florida. § 658.19, Fla. Stat. (2007). In reviewing applications,

Northeast National Bank of St. Petersburg v. Central Plaza Bank & Trust Co.

Court: District Court of Appeal of Florida | Date Filed: 1968-04-17

Citation: 209 So. 2d 255, 1968 Fla. App. LEXIS 5619

Snippet: 1050, 1051, citing Ross v. Johnson, 171 Wash. 658, 19 P.2d 101: ‘ * * * Of two persons injured by the

State v. Minge

Court: Supreme Court of Florida | Date Filed: 1935-03-26

Citation: 160 So. 670, 119 Fla. 515, 1935 Fla. LEXIS 1019

Snippet: People of State of New York v. Roberts, 171 U.S. 658, 19 Sup. Ct. Rep. 58, 51 L.Ed. 314, 8 Ann. Cas. 157;