August 08, 2020
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The Florida Statutes

The 2001 Florida Statutes

Regulation Of Trade, Commerce, Investments, And Solicitations
Chapter 560
Money Transmitters' Code
View Entire Chapter
Section 560.119, Florida Statutes 2001

560.119  Deposit of fees and assessments.--The application fees, registration renewal fees, late payment penalties, civil penalties, administrative fines, and other fees or penalties provided for in the code shall, in all cases, be paid directly to the department, which shall deposit such proceeds into the Regulatory Trust Fund. Each year, the Legislature shall appropriate from the trust fund to the department sufficient moneys to pay the department's costs for administration of the code. The Regulatory Trust Fund is subject to the service charge imposed pursuant to chapter 215.

History.--s. 1, ch. 94-238; s. 1, ch. 94-354; s. 5, ch. 2001-119.

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