687.141

Loan brokers; prohibited acts.

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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.
Notes of Decisions
Cited in 3 cases, 1995–2015 · leading case: Mogavero v. State
Mogavero v. State (1999) fladistctapp · cites it 2× “We affirm the two convictions under section 687.141(1) and the revocation of probation.”
Credicorp, Inc. v. State, Department of Banking & Finance (1995) fladistctapp · cites it 8× “32, 2 Florida Statutes, and the loan broker provisions in section 687.141, 3 Florida Statutes. Appellants contend that (1) the licensing provisions for retail installment sellers in sections 520.”
Pugh v. State (2015) fladistctapp · cites it 2× “Following a thorough Faretta 1 inquiry by the trial court, Darrell Pugh, proceeding pro se, entered a plea agreement to a probationary sentence on seven felony counts of unlawful acceptance of advance fees in violation of section 687.141, Florida Statutes (2009).”
— 687.141(1) — 2 cases
Mogavero v. State (1999) fladistctapp “We affirm the two convictions under section 687.141(1) and the revocation of probation.”
Credicorp, Inc. v. State, Department of Banking & Finance (1995) fladistctapp “32, 2 Florida Statutes, and the loan broker provisions in section 687.141, 3 Florida Statutes. Appellants contend that (1) the licensing provisions for retail installment sellers in sections 520.”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.

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