Florida Statute 687.141 | Lawyer Caselaw & Research

The 2024 Florida Statutes

Title XXXIX
COMMERCIAL RELATIONS

Chapter 687
INTEREST AND USURY; LENDING PRACTICES

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F.S. 687.141

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.

F.S. 687.141 on Google Scholar

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:

Cases Citing Statute 687.141

Total Results: 3

Pugh v. State

Court: Fla. Dist. Ct. App. | Date Filed: 2015-11-06T00:00:00-08:00

Citation: 181 So. 3d 529

Snippet: acceptance of advance fees in violation of section 687.141, Florida Statutes (2009). On September 5, 2013,

Mogavero v. State

Court: Fla. Dist. Ct. App. | Date Filed: 1999-08-25T00:53:00-07:00

Citation: 744 So. 2d 1048

Snippet: by a loan broker. See §§ 494.0018, 494.0025(3), 687.141(1), Fla. Stat. (1997). In a separate case, Mogavero…definition. We affirm the two convictions under section 687.141(1) and the revocation of probation. The trial court…, we affirm. The two convictions under section 687.141(1) were sufficient to support a revocation of probation

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

Court: Fla. Dist. Ct. App. | Date Filed: 1995-07-17T00:00:00-07:00

Citation: 659 So. 2d 376, 1995 Fla. App. LEXIS 7535

Snippet: tax, or, pursuant to the prohibition of section 687.141(1), Florida Statutes, they must refrain from a …advance fee for the extension of credit. See § 687.141(1), Fla.Stat. In light of the discriminatory effect