{"data":{"id":"us-fl/fla.-stat.-560.408","jurisdiction":"us-fl","citation":"Fla. Stat. § 560.408","heading":"Legislative intent; report.","body":"It is the intent of the Legislature to provide for the regulation of deferred presentment transactions. It is further the intent of the Legislature to prevent fraud, abuse, and other unlawful activity associated with deferred presentment transactions in part by:\n(1) Providing for sufficient regulatory authority and resources to monitor deferred presentment transactions.\n(2) Preventing rollovers.\n(3) Regulating the allowable fees charged in connection with a deferred presentment transaction.\nHistory.—s. 13, ch. 2001-119; s. 730, ch. 2003-261; s. 111, ch. 2005-2.","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":"170ea56b13820a264de8db1c031e624fa5902062f0788b0e74fe198564cb893b","source_id":"us-fl","stale":false,"prev":"us-fl/fla.-stat.-560.406","next":"us-fl/fla.-stat.-560.501"},"notice":"GroundRules: Original legal text. Not legal advice."}