The Florida Senate

560.206  Investigation of applicants.--Upon the filing of a properly completed application, accompanied by the nonrefundable application fee and other required documents, the department shall investigate to ascertain whether the qualifications and requirements prescribed by this part have been met. If the department finds that the applicant meets such qualifications and requirements, the department shall issue the applicant a registration to engage in the business of selling payment instruments and transmitting funds in this state. Any registration issued under this part shall remain in effect through April 30 next following its date of issuance unless otherwise specified by the department or earlier surrendered, suspended, or revoked.

History.--s. 2, ch. 94-238; s. 2, ch. 94-354.