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The Florida Senate

2004 Florida Statutes

Section 560.105, Florida Statutes 2004

560.105  Supervisory powers; rulemaking.--

(1)  Consistent with the purposes of the code, the office shall have:

(a)  Supervision over all money transmitters and their authorized vendors.

(b)  Access to books and records of persons over whom the office exercises supervision as is necessary for the performance of the duties and functions of the office prescribed by the code.

(c)  Power to issue orders and declaratory statements, disseminate information, and otherwise exercise its discretion to effectuate the purposes, policies, and provisions of the code.

(2)  Consistent with the purposes of the code, the commission may adopt rules pursuant to ss. 120.536(1) and 120.54 to implement the provisions of the code.

History.--s. 1, ch. 94-238; s. 1, ch. 94-354; s. 185, ch. 98-200; s. 688, ch. 2003-261.