Florida Statute 658.20 | Lawyer Caselaw & Research

The 2024 Florida Statutes

Title XXXVIII
BANKS AND BANKING

Chapter 658
BANKS AND TRUST COMPANIES

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F.S. 658.20

658.20 Investigation by office.—

(1) Upon the filing of an application, the office shall make an investigation of:

(a) The character, reputation, financial standing, business experience, and business qualifications of the proposed officers and directors.

(b) The need for bank or trust facilities or additional bank or trust facilities, as the case may be, in the primary service area where the proposed bank or trust company is to be located or the need for the target market that the bank or trust company intends to engage with in business.

(c) The ability of the primary service area or target market to support the proposed bank or trust company and all other existing bank or trust facilities that serve the same primary service area or target market.

(2) The office is authorized to obtain criminal record information from the National Crime Information Center or from the Department of Law Enforcement as a part of its investigation pursuant to this section.

History.—s. 2, ch. 28016, 1953; ss. 12, 35, ch. 69-106; s. 3, ch. 73-119; s. 3, ch. 76-168; s. 1, ch. 77-457; ss. 10, 151, 152, ch. 80-260; ss. 2, 3, ch. 81-318; ss. 21, 50, 51, ch. 84-216; ss. 27, 58, ch. 85-82; s. 1, ch. 91-307; ss. 1, 105, ch. 92-303; s. 1764, ch. 2003-261; s. 21, ch. 2011-194; s. 10, ch. 2022-178.

Note.—Former s. 659.03.

F.S. 658.20 on Google Scholar

F.S. 658.20 on Casetext

Amendments to 658.20

Arrestable Offenses / Crimes under Fla. Stat. 658.20

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

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 658.20.

Annotations, Discussions, Cases:

Cases Citing Statute 658.20

Total Results: 5

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

Court: Fla. Dist. Ct. App. | Date Filed: 2008-09-10T00:53:00-07:00

Citation: 989 So. 2d 1231

Snippet: qualifications of the proposed officers and directors. § 658.20(1)(a), Fla. Stat. (2007). The OFR shall approve… the right to investigate executive officers. § 658.20(1)(a), Fla. Stat. (2007). The OFR investigated

Shepard v. State

Court: Fla. Dist. Ct. App. | Date Filed: 2006-10-18T00:53:00-07:00

Citation: 939 So. 2d 311

Snippet: heard evidence that Blackwelder was delinquent $658.20 at the time of the hearing, and that Blackwelder

Blackwelder v. State

Court: Fla. Dist. Ct. App. | Date Filed: 2005-06-01T00:53:00-07:00

Citation: 902 So. 2d 905

Snippet: to pay the $30 monthly payment and that he was $658.20 in arrears. At the revocation hearing, the State…Blackwelder was still behind in his payments by at least $658.20 at the time of the hearing. The probation officer

Seadade Industries, Inc. v. Florida Power & Light Co.

Court: Fla. Dist. Ct. App. | Date Filed: 1970-02-17T23:53:00-08:00

Citation: 232 So. 2d 46

Snippet: Expressway Authority, Fla. App. 1967, 194 So.2d 658, 20 A.L.R.3d 854. *52 The question of whether there

Sinclair Refining Co. v. Butler

Court: Fla. Dist. Ct. App. | Date Filed: 1965-02-25T23:53:00-08:00

Citation: 172 So. 2d 499

Snippet: See: Harper v. Battle, 180 N.C. 375, 104 S.E. 658, 20 A.L.R. 357; 17 Am.Jur.2d, Contracts, § 484. For