Fla. Admin. Code Ann. R. 69O-136.050 - Premium Finance Companies

(1) Application for License as a Premium Finance Company.

(a) A person applying for a license as a premium finance company shall submit the following if applicable:

1. Form OIR-C1-958, "Application for License Premium Finance Company," incorporated by reference in Rule 69O-136.100, F.A.C.;

2. Form OIR-A3-453, "Premium Finance Company Surety Bond," incorporated by reference in Rule 69O-136.100, F.A.C.;

3. Form OIR-C1-454, "Personal Financial Statement," incorporated by reference in Rule 69O-136.100, F.A.C.;

4. Form OIR-C1-957, "Instructions for Statutory Compliance of Forms: Premium Finance Companies," incorporated by reference in Rule 69O-136.100, F.A.C.;

5. The biographical information package as defined in subsection 69O-136.100(3), F.A.C.; and,

6. Form OIR-C1-2221, "Management Information Form," incorporated by reference in Rule 69O-136.100, F.A.C.; and

(b) The applicant shall submit the forms listed in paragraph (1)(a) electronically at https://www.floir.com/iportal.

(2) Annual License Renewal

(a)

1. All premium finance company licenses shall expire on October 1.

2. Failure to submit the application for renewal before October 1 shall result in expiration of the license and will require the filing of a new application for licensure.

(b) A licensee seeking to continue operating as a premium finance company shall submit Form OIR-A3-1563, "Application for Renewal of License Premium Finance Company," incorporated by reference in Rule 69O-136.100, F.A.C. filed electronically at https://www.floir.com/iportal.

Notes

Fla. Admin. Code Ann. R. 69O-136.050

Rulemaking Authority 624.308(1), 627.828(2) FS. Law Implemented 624.321(1)(a), 624.424, 627.828, 627.829 FS.

New 5-28-90, Formerly 4-18.015, Amended 7-27-95, 8-29-99, Formerly 4-196.015, Amended 7-30-17, 5-24-21, 1-4-24, Formerly 69O-196.015, Amended by Florida Register Volume 51, Number 053, March 18, 2025 effective 3/31/2025.

New 5-28-90, Formerly 4-18.015, Amended 7-27-95, 8-29-99, Formerly 4-196.015, Amended 7-30-17, 5-24-21, 1-4-24, Formerly 69O-196.015.