Florida Senate - 2016                        COMMITTEE AMENDMENT
       Bill No. SB 1104
       
       
       
       
       
       
                                Ì801266*Î801266                         
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                  Comm: RCS            .                                
                  02/09/2016           .                                
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       The Committee on Banking and Insurance (Lee) recommended the
       following:
       
    1         Senate Amendment (with title amendment)
    2  
    3         Delete everything after the enacting clause
    4  and insert:
    5         Section 1. Section 48.092, Florida Statutes, is created to
    6  read:
    7         48.092 Service on financial institutions.—Service on
    8  financial institutions must be made in accordance with s.
    9  655.0201.
   10         Section 2. Section 655.0201, Florida Statutes, is amended
   11  to read:
   12         655.0201 Service of process, notice, levy, or demand on
   13  financial institutions.—
   14         (1) Notwithstanding any other Florida law, this section
   15  establishes the proper location for service of process upon a
   16  financial institution for all types of service of process to be
   17  made on a financial institution Process against any financial
   18  institution authorized by federal or state law to transact
   19  business in this state may be served in accordance with chapter
   20  48, chapter 49, chapter 605, or part I of chapter 607, as
   21  appropriate.
   22         (2) A Any financial institution authorized by federal or
   23  state law to transact business in this state may designate with
   24  the Department of State a place or registered agent located
   25  within the state as the financial institution’s sole location or
   26  agent for service of process, notice, levy, or demand. Any such
   27  place or registered agent so designated must be open and
   28  available for service of process during regular business hours
   29  on regular business days, which, at a minimum, is any time
   30  between the hours of 9 a.m. and 5 p.m. local time, on Mondays
   31  through Fridays, excluding federal and Florida holidays. After a
   32  financial institution designates a place or registered agent
   33  within this state, such place or registered agent is the sole
   34  location for service of process, including service for actions
   35  related to garnishment, levy, injunctions, lawsuits, and the
   36  attachment of safety deposit boxes, in accordance with chapters
   37  60, 76, and 77, and the Florida Rules of Civil Procedure
   38  required or permitted by law to be served on the financial
   39  institution. If the financial institution has no registered
   40  agent, or its registered agent cannot with reasonable diligence
   41  be served, service may be made to any executive officer of the
   42  financial institution at its principal place of business in this
   43  state.
   44         (3)(a) If a financial institution has no registered agent
   45  or service cannot be made in accordance with subsection (2),
   46  service may be made to any officer or director of the financial
   47  institution at its principal place of business or at any other
   48  branch, office, or place of business in the state.
   49         (b) Notwithstanding subsection (2), any service required or
   50  authorized to be made by the Office of Financial Regulation
   51  under the financial institutions codes may be made to any
   52  officer, director, or business agent of the financial
   53  institution at its principal place of business or any other
   54  branch, office, or place of business in the state as set forth
   55  in s. 655.031(2) If service cannot be made in accordance with
   56  subsection (2), service may be made to any officer, director, or
   57  business agent of the financial institution at its principal
   58  place of business or at any other branch, office, or place of
   59  business in the state.
   60         (4) This section does not prescribe the only means, or
   61  necessarily the required means, of serving notice or demand on a
   62  financial institution.
   63         Section 3. This act shall take effect January 1, 2017.
   64  
   65  ================= T I T L E  A M E N D M E N T ================
   66  And the title is amended as follows:
   67         Delete everything before the enacting clause
   68  and insert:
   69                        A bill to be entitled                      
   70         An act relating to service of process on financial
   71         institutions; creating s. 48.092, F.S.; requiring
   72         service on financial institutions to be made in
   73         accordance with s. 655.0201, F.S.; amending s.
   74         655.0201, F.S.; revising applicability of provisions
   75         of law governing service of process on financial
   76         institutions; authorizing certain financial
   77         institutions to designate with the Department of State
   78         a place or registered agent within the state as the
   79         sole location or agent for service of process, notice,
   80         levy, or demand; providing that service of process,
   81         notice, levy, or demand may be made at specified time
   82         periods; providing exceptions if the financial
   83         institution has no registered agent, service cannot be
   84         made at the sole location, or for service made by the
   85         Office of Financial Regulation; providing an effective
   86         date.