Florida Statute 663.02 | Lawyer Caselaw & Research

The 2024 Florida Statutes

Title XXXVIII
BANKS AND BANKING

Chapter 663
INTERNATIONAL BANKING

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F.S. 663.02

663.02 Applicability of the financial institutions codes.—

(1) International banking corporations having offices in this state are subject to all the provisions of the financial institutions codes as though such corporations were state banks, except where it may appear, from the context or otherwise, that such provisions are clearly applicable only to banks organized under the laws of this state or the United States. Without limiting the foregoing general provisions, it is the intent of the Legislature that the following provisions are applicable to such banks or trust companies: s. 655.031, relating to administrative enforcement guidelines; s. 655.032, relating to investigations, subpoenas, hearings, and witnesses; s. 655.0321, relating to hearings, proceedings, and related documents and restricted access thereto; s. 655.033, relating to cease and desist orders; s. 655.037, relating to removal by the office of an officer, director, committee member, employee, or other person; s. 655.041, relating to administrative fines and enforcement; s. 655.50, relating to the control of money laundering and terrorist financing; and any law for which the penalty is increased under s. 775.31 for facilitating or furthering terrorism. International banking corporations do not have the powers conferred on domestic banks by s. 658.60, relating to deposits of public funds. Chapter 687, relating to interest and usury, applies to all bank loans.

(2) Neither an international bank agency nor an international branch shall have any greater right under, or by virtue of, this section than is granted to banks organized under the laws of this state. Legal and financial terms used herein shall be deemed to refer to equivalent terms used by the country in which the international banking corporation is organized. This chapter and the financial institutions codes may not be construed to authorize any international banking corporation to conduct trust business, as defined in s. 658.12, from an office in this state except for those activities specifically authorized by s. 663.061(5).

History.—s. 1, ch. 77-157; ss. 83, 151, 152, ch. 80-260; ss. 2, 3, ch. 81-318; s. 4, ch. 83-129; s. 21, ch. 89-229; s. 1, ch. 91-307; ss. 1, 3, 151, ch. 92-303; s. 414, ch. 96-406; s. 5, ch. 97-109; s. 15, ch. 2001-64; s. 1815, ch. 2003-261; s. 130, ch. 2005-2; s. 3, ch. 2010-9; s. 25, ch. 2014-91; s. 5, ch. 2017-83.

Note.—Former s. 659.67(2).

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Amendments to 663.02

Arrestable Offenses / Crimes under Fla. Stat. 663.02

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

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 663.02.

Annotations, Discussions, Cases:

Cases Citing Statute 663.02

Total Results: 7

Boyd v. State

Court: District Court of Appeal of Florida | Date Filed: 1991-01-08

Citation: 578 So. 2d 718, 1991 WL 1496

Snippet: The Heart of Civil RICO, 1988 Wisconsin L.Rev. 663.[2],[3] In deciding how to interpret the Florida statute

C.N. v. State

Court: District Court of Appeal of Florida | Date Filed: 1983-06-28

Citation: 433 So. 2d 661, 1983 Fla. App. LEXIS 19767

Snippet: comply with this Court’s order of May 26, 1981; *663(2) Respondent [C.N.] is to be forthwith involuntarily

CN v. State

Court: District Court of Appeal of Florida | Date Filed: 1983-06-28

Citation: 433 So. 2d 661

Snippet: comply with this Court's order of May 26, 1981; *663 (2) Respondent [C.N.] is to be forthwith involuntarily

Ago

Court: Florida Attorney General Reports | Date Filed: 1979-04-03

Snippet: Coast Line Railroad Company v. O'Conner, 229 So.2d 663 (2 D.C.A. Fla., 1969). Applying these principles to

Ago

Court: Florida Attorney General Reports | Date Filed: 1978-11-28

Snippet: Seaboard Coast Line R. R. v. O'Connor, 229 So.2d 663 (2 D.C.A. Fla., 1969). The statute, as amended, does

Rodgers v. WT Grant Company

Court: District Court of Appeal of Florida | Date Filed: 1975-06-30

Citation: 326 So. 2d 57

Snippet: 2d 1168, 1173 (1959); III Restatement of Torts § 663(2) (1938)[2]; Prosser, The Law of Torts (3rd ed. 1964)

Anderson v. City of Ocala

Court: Supreme Court of Florida | Date Filed: 1914-03-12

Citation: 67 Fla. 204, 64 So. 775

Snippet: *212Dist. No. 108, 111 U. S. 701, 4 Sup. Ct. Rep. 663; 2 Page and Jones, Taxation by Assessment, Sections