Florida Statute 687.031 | Lawyer Caselaw & Research

The 2024 Florida Statutes

Title XXXIX
COMMERCIAL RELATIONS

Chapter 687
INTEREST AND USURY; LENDING PRACTICES

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F.S. 687.031

687.031 Construction, ss. 687.02 and 687.03.—Sections 687.02 and 687.03 shall not be construed to repeal, modify or limit any or either of the special provisions of existing statutory law creating exceptions to the general law governing interest and usury and specifying the interest rates and charges which may be made pursuant to such exceptions, including but not limited to those exceptions which relate to banks, Morris Plan banks, discount consumer financing, small loan companies and domestic building and loan associations.

History.—s. 3, ch. 29705, 1955.

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Amendments to 687.031

Arrestable Offenses / Crimes under Fla. Stat. 687.031

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

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 687.031.

Annotations, Discussions, Cases:

Cases Citing Statute 687.031

Total Results: 7

McKenzie Check Advance of Florida v. Betts

Court: Supreme Court of Florida | Date Filed: 2006-04-27

Citation: 928 So. 2d 1204, 31 Fla. L. Weekly Supp. 255, 2006 Fla. LEXIS 666, 2006 WL 1096679

Snippet: out exceptions to the usury laws. See, e.g., § 687.031, Fla. Stat. (1993) ("Sections 687.02 and 687.03

Jersey Palm-Gross, Inc. v. Paper

Court: District Court of Appeal of Florida | Date Filed: 1994-07-06

Citation: 639 So. 2d 664, 1994 WL 316654

Snippet: the imputation of a strong public policy. See § 687.031, Fla. Stat. (1975). In 1975 The Florida Consumer

Continental Mortg. Investors v. Sailboat Key, Inc.

Court: Supreme Court of Florida | Date Filed: 1981-02-12

Citation: 395 So. 2d 507

Snippet: the imputation of a strong public policy. See § 687.031, Fla. Stat. (1975). In 1975 The Florida Consumer

Cesary v. SECOND NAT. BANK OF NORTH MIAMI

Court: Supreme Court of Florida | Date Filed: 1979-02-01

Citation: 369 So. 2d 917, 1979 Fla. LEXIS 4548

Snippet: existing statutory law referred to in Section 687.031, which creates statutory exceptions to the general

Catogas v. Southern Fed. Sav. & Loan Ass'n

Court: Supreme Court of Florida | Date Filed: 1979-02-01

Citation: 369 So. 2d 922, 1979 Fla. LEXIS 4553

Snippet: classifications of lenders created by sections 687.031 and 656.17(1), Florida Statutes, were not unreasonable

Financial Federal Savings & Loan Ass'n v. Burleigh House, Inc.

Court: Supreme Court of Florida | Date Filed: 1976-07-21

Citation: 336 So. 2d 1145, 1976 Fla. LEXIS 4478

Snippet: shall not be considered usurious. ...” See Section 687.031, Fla. Stat. (1961). . Chapter 4158, § 8, Laws

Silver Sands v. Pensacola Loan & Savings Bank

Court: District Court of Appeal of Florida | Date Filed: 1965-04-29

Citation: 174 So. 2d 61

Snippet: [2] F.S. §§ 687.01, 687.02, F.S.A. [3] F.S. § 687.031, F.S.A.