Current through Reg. 47, No. 249; December 28, 2021
The site of a state financial institution office which has been in operation
for at least 18 months may be relocated to a new site in any county of this
state where the state financial institution currently has an authorized branch
office with at least 30 days prior written notification to OFR. Such
notification shall include the following minimum information:
(a) The name and address of the
(b) The exact street
address for the proposed site, or the legal description if street address is
(c) The distance and
direction of the proposed location from the present location.
(d) The anticipated effective date for
completion of the relocation.
Plans for disposal of the present building or lease and leasehold improvements,
(f) A schedule of
applicant's present and proposed investment in fixed assets to confirm
compliance with the fixed asset investment requirements of Section 658.67(7),
redesignation of a main office and a branch may be made as provided in
The site of a state
financial institution office which has been in operation less than 18 months
may be relocated to a new site in any county of this state where the state
financial institution currently has an authorized branch office with the prior
written approval of OFR. Any such request for permission to relocate should be
submitted by letter to OFR to demonstrate that the relocation will not create
an unsafe and unsound condition. The letter should contain the minimum
information required in paragraph
F.A.C., for relocating an approved but unopened state financial
Fla. Admin. Code Ann. R.
FS. Law Implemented
New 5-24-78, Amended
6-9-81, Formerly 3C-10.071, Amended 6-20-90, Formerly 3C-10.0071, Amended
8-14-94, Formerly 3C-105.208.