Fla. Admin. Code Ann. R. 69O-196.015 - Application for and Issuance of License and License Continuance

(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:

1. Form OIR-C1-958, "Application for License Premium Finance Company," effective 07/23, hereby incorporated by reference and available at http://www.flrules.org/Gateway/reference.asp?No=Ref-16209;

2. Form OIR-A3-453, "Premium Finance Company Surety Bond," effective 07/23, hereby incorporated by reference and available at http://www.flrules.org/Gateway/reference.asp?No=Ref-16205;

3. Form OIR-C1-454, "Personal Financial Statement," effective 07/23, hereby incorporated by reference and available at http://www.flrules.org/Gateway/reference.asp?No=Ref-16207;

4. Form OIR-C1-905, incorporated by reference in Rule 69O-136.100, F.A.C.;

5. Form OIR-C1-938, incorporated by reference in Rule 69O-136.100, F.A.C.;

6. Form OIR-C1-957, "Instructions for Statutory Compliance of Forms: Premium Finance Companies," effective 3/21, hereby incorporated by reference and available at http://www.flrules.org/Gateway/reference.asp?No=Ref-13034;

7. Form OIR-C1-1423, incorporated by reference in Rule 69O-136.100, F.A.C.;

8. Form OIR-C1-0500, incorporated by reference in Rule 69O-136.100, F.A.C.;

9. Form OIR-C1-0501, incorporated by reference in Rule 69O-136.100, F.A.C.;

10. Form OIR-C1-0502, incorporated by reference in Rule 69O-136.100, F.A.C.;

11. Form OIR-C1-0503, incorporated by reference in Rule 69O-136.100, F.A.C.;

12. Form OIR-C1-0504, incorporated by reference in Rule 69O-136.100, F.A.C.;

13. Form OIR-C1-0505, incorporated by reference in Rule 69O-136.100, F.A.C.;

14. Form OIR-C1-0506, incorporated by reference in Rule 69O-136.100, F.A.C.;

15. Form OIR-C1-0507, incorporated by reference in Rule 69O-136.100, F.A.C.;

16. Form OIR-C1-0509, incorporated by reference in Rule 69O-136.100, F.A.C.;

17. Form OIR-C1-2221, "Management Information Form," effective 6/20, hereby incorporated by reference and available at http://www.flrules.org/Gateway/reference.asp?No=Ref-13037; 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," effective 07/23, hereby incorporated by reference and available at http://www.flrules.org/Gateway/reference.asp?No=Ref-16211 filed electronically at https://www.floir.com/iportal.

Notes

Fla. Admin. Code Ann. R. 69O-196.015

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 by Florida Register Volume 43, Number 138, July 18, 2017 effective 7/30/2017, Amended by Florida Register Volume 47, Number 091, May 11, 2021 effective 5/24/2021, Amended by Florida Register Volume 49, Number 244, December 19, 2023 effective 1/4/2024.

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.