{"data":{"id":"us-fl/fla.-stat.-560.127","jurisdiction":"us-fl","citation":"Fla. Stat. § 560.127","heading":"Control of a money services business.","body":"A person has a controlling interest in a money services business if the person:\n(1) Possesses the power, directly or indirectly, to direct the management or policies of the money services business, whether through ownership, by contract, or otherwise;\n(2) Directly or indirectly may vote 25 percent or more of a class of a voting security or sell or direct the sale of 25 percent or more of a class of voting securities; or\n(3) In the case of a partnership, may receive upon dissolution or has contributed 25 percent or more of the capital.\nHistory.—s. 1, ch. 94-238; s. 1, ch. 94-354; s. 707, ch. 2003-261; s. 57, ch. 2006-213; s. 22, ch. 2008-177.","path":["CHAPTER 560 MONEY SERVICES BUSINESSES"],"source_url":"https://www.leg.state.fl.us/statutes/index.cfm?App_mode=Display_Statute\u0026URL=0500-0599/0560/0560.html","current_through":"2026 Florida Statutes","vintage":"","retrieved_at":"2026-08-27T02:09:11Z","sha256":"08ed3361bedef5f8af96b85e1529a9bd7de00d700b43402ffcd7b91ad840eda4","source_id":"us-fl","stale":false,"prev":"us-fl/fla.-stat.-560.126","next":"us-fl/fla.-stat.-560.128"},"notice":"GroundRules: Original legal text. Not legal advice."}