Florida Statute 663.04 | Lawyer Caselaw & Research

The 2024 Florida Statutes

Title XXXVIII
BANKS AND BANKING

Chapter 663
INTERNATIONAL BANKING

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F.S. 663.04

663.04 Requirements for carrying on financial institution business.—An international banking corporation or any affiliate, subsidiary, or other person or business entity acting as an agent for, on behalf of, or for the benefit of such international banking corporation who engages in such activities from an office located in this state, may not transact a banking or trust business, or maintain in this state any office for carrying on such business, or any part thereof, unless such corporation, affiliate, subsidiary, person, or business entity:

(1) Has been authorized by its charter to carry on a banking or trust business and has complied with the laws of the jurisdiction in which it is chartered.

(2) Has furnished to the office such proof as to the nature and character of its business and as to its financial condition as the commission or office requires.

(3) Has filed with the office a certified copy of that information required to be supplied to the Department of State by those provisions of part I of chapter 607 which are applicable to foreign corporations.

(4) Has received a license duly issued to it by the office.

(5) Has sufficient capital in accordance with the requirements of s. 663.055 and the rules adopted thereunder and is not imminently insolvent or insolvent, as those terms are defined in s. 655.005(1).

(6)(a) Is not in bankruptcy, conservatorship, receivership, liquidation, or similar status under the laws of any country.

(b) Is not operating under the direct control of the government, regulatory, or supervisory authority of the jurisdiction of its incorporation through government intervention or any other extraordinary actions.

(c) Has not been in such status or control at any time within the 3 years preceding the date of application for a license.

Notwithstanding paragraphs (a) and (b), the office may permit an international branch, international bank agency, international administrative office, or international representative office to remain open and in operation pursuant to s. 663.11(1)(b).

History.—s. 1, ch. 77-157; ss. 85, 151, 152, ch. 80-260; ss. 2, 4, ch. 81-156; ss. 2, 3, ch. 81-318; s. 5, ch. 83-129; s. 3, ch. 83-265; s. 1, ch. 91-307; ss. 1, 153, ch. 92-303; s. 1816, ch. 2003-261; s. 4, ch. 2010-9; s. 65, ch. 2014-209; s. 7, ch. 2017-83.

Note.—Former s. 659.67(4).

F.S. 663.04 on Google Scholar

F.S. 663.04 on Casetext

Amendments to 663.04

Arrestable Offenses / Crimes under Fla. Stat. 663.04

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

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 663.04.

Annotations, Discussions, Cases:

Cases Citing Statute 663.04

Total Results: 10

JONATHAN MICHAEL SCHULER v. SANDY T. FOX, P.A.

Court: Fla. Dist. Ct. App. | Date Filed: 2022-10-06T00:53:00-07:00

Snippet: unliquidated damages[,]” Bowman, 432 So. 2d at 663 4 Default judgment was entered in the amount of

Antoniazzi v. Wardak

Court: Fla. Dist. Ct. App. | Date Filed: 2018-10-17T00:00:00-07:00

Citation: 259 So. 3d 206

Snippet: within the United States.7 5 See, e.g., §§ 658.23, 663.04-.05, Fla. Stat. (2016) (setting forth application

AVELO MORTGAGE, LLC. v. VERO VENTURES, LLC. etc.

Court: Fla. Dist. Ct. App. | Date Filed: 2018-06-27T00:00:00-07:00

Citation: 254 So. 3d 439

Snippet: laches.” Ticktin, 807 So. 2d at 663. 4 3) Compulsory Counterclaim

McLean v. State

Court: Fla. | Date Filed: 2006-07-06T00:00:00-07:00

Citation: 934 So. 2d 1248

Snippet: specific exception or rule of exclusion." Id. at 663.[4] However, in Heuring we explained that "[s

Bessent v. Matthews

Court: Fla. Dist. Ct. App. | Date Filed: 1989-05-23T00:53:00-07:00

Citation: 543 So. 2d 438

Snippet: in Bovis v. 7-Eleven, Inc., 505 So.2d 661, *440 663-4 (Fla. 5th DCA 1987) stated, when a landlord has

State Ex Rel. Gerstein v. Schulz

Court: Fla. Dist. Ct. App. | Date Filed: 1965-11-22T23:53:00-08:00

Citation: 180 So. 2d 367

Snippet: 3] Jones v. Cunningham, 126 Fla. 333, 170 So. 663. [4] Mendenhall v. Sweat, 117 Fla. 659, 158 So. 280

Winter v. Mack

Court: Fla. | Date Filed: 1940-02-23T00:00:00-08:00

Citation: 194 So. 225, 142 Fla. 1, 1940 Fla. LEXIS 1311

Snippet: C. J., page 317, par. 13-b; 22 R. C. L., pages 663-4, par. 5. In State ex rel. Garrett v. Torbert, 200

State Ex Rel. Price v. Stone

Court: Fla. | Date Filed: 1937-06-16T00:00:00-08:00

Citation: 175 So. 229, 128 Fla. 637, 1937 Fla. LEXIS 1300

Snippet: Strobhar v. State, 55 Fla. 167, 47 So. 4; 31 C.J. 663-4. The clause in the information "and a policeman

Chubb v. J. Harker Chadwick & Co.

Court: Fla. | Date Filed: 1927-01-21T00:00:00-08:00

Citation: 111 So. 538, 93 Fla. 114

Snippet: . See 39 Cyc. 1381-2; 27 R. C. L., Sec. 426, p. 663-4, and cases cited; Warvelle on Vendors, Secs. 807

Hardee Trustees v. Horton

Court: Fla. | Date Filed: 1925-11-03T00:00:00-08:00

Citation: 108 So. 189, 90 Fla. 452, 1925 Fla. LEXIS 618

Snippet: Light Co. v. Louisiana L. H. P. Co., 115 U.S. 650, 663-4,29 Law Ed. 516, 521. A grant of land by the State