Florida Statute 687.141 | Lawyer Caselaw & Research

The 2024 Florida Statutes (including 2025 Special Session C)

Title XXXIX
COMMERCIAL RELATIONS

Chapter 687
INTEREST AND USURY; LENDING PRACTICES

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F.S. 687.141

687.141 Loan brokers; prohibited acts.—No loan broker shall:

(1) Assess or collect an advance fee from a borrower to provide services as a loan broker.

(2) Make or use any false or misleading representations or omit any material fact in the offer or sale of the services of a loan broker or engage, directly or indirectly, in any act that operates or would operate as fraud or deception upon any person in connection with the offer or sale of the services of a loan broker, notwithstanding the absence of reliance by the buyer.

(3) Make or use any false or deceptive representation in its business dealings or to the office or conceal a material fact from the office.

History.—s. 2, ch. 91-87; s. 1874, ch. 2003-261.

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F.S. 687.141 on Casetext

Amendments to 687.141

Arrestable Offenses / Crimes under Fla. Stat. 687.141

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

S687.141 1 - FRAUD - LOAN BROKER ASSESS COLLECT ADVANCE FEE - F: T

S687.141 2 - FRAUD - LOAN BROKER MAKE USE FALSE MISLEAD OFFER SALE - F: T

S687.141 3 - FRAUD - LOAN BROKER MAKE USE FALSE OR DECEPTIVE REP - F: T

Annotations, Discussions, Cases:

No results found for statute 687.141.