Florida Statute 687.0303 - Full Text and Legal Analysis

The 2025 Florida Statutes

Title XXXIX
COMMERCIAL RELATIONS

Chapter 687
INTEREST AND USURY; LENDING PRACTICES

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F.S. 687.0303

687.0303 “Line of credit” defined.—

(1) The term “line of credit,” whenever used in this chapter, means an arrangement under which one or more loans or advances of money may be made available to a debtor in one transaction or a series of related transactions.

(2) The Legislature hereby declares that, as a matter of law, “line of credit,” as such term is defined in this section, is deemed to have been included in and governed by the provisions of this chapter as it existed prior to, on, and subsequent to July 1, 1979.

History.—ss. 2, 3, ch. 80-310.

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Amendments to 687.0303

Annotations, Discussions, Cases:

Cases Citing Statute 687.0303

Total Results: 1

Credicorp, Inc. v. State, Department of Banking & Finance

659 So. 2d 376, 1995 Fla. App. LEXIS 7535, 20 Fla. L. Weekly Fed. D 1639

District Court of Appeal of Florida | Filed: Jul 17, 1995 | Docket: 64758342

Published

lines of credit, as that term is defined in section 687.0303.10 Appellants contend that the statutory definition