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2024 Florida Statutes

Title XXXIII REGULATION OF TRADE, COMMERCE, INVESTMENTS, AND SOLICITATIONS
Chapter 559 REGULATION OF TRADE, COMMERCE, AND INVESTMENTS, GENERALLY Entire Chapter
SECTION 9615
Enforcement.
F.S. 559.9615
559.9615 Enforcement.—
(1) The Attorney General has exclusive authority to enforce this part. The Attorney General may:
(a) Receive and act on complaints.
(b) Take action designed to obtain voluntary compliance with this part.
(c) Commence administrative or judicial proceedings to enforce compliance with this part.
(2)(a) A violation of this part is punishable by a fine of $500 per incident, not to exceed $20,000 for all aggregated violations, arising from the use of the transaction documentation or materials found to be in violation of this part.
(b) A violation of this part after receipt of a written notice of a prior violation from the Attorney General is punishable by a fine of $1,000 per incident, not to exceed $50,000 for all aggregated violations, arising from the use of the transaction documentation or materials found to be in violation of this part.
(c) A violation of this part does not affect the enforceability or validity of the underlying commercial financing transaction.
(3) This part does not create a private right of action against any person or entity based upon compliance or noncompliance with this part.
History.—s. 1, ch. 2023-290.