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Ex. AGY-ST-INSURANCE-BANKING-051 Order Primary source read

Emergency Order 2020-01

Emergency Order suspending and tolling money services business license renewal deadlines

Russell C. Weigel III, Commissioner, Office of Financial Regulation · Florida; Office of Financial Regulation (State banking, consumer finance and securities regulator) (Sector regulator)

The COVID Project

The record

Jurisdiction
Florida; Office of Financial Regulation (State banking, consumer finance and securities regulator) · Florida
Level
Sector regulator
Authority
Executive Order 20-52; Fla. Stat. § 252.46
Effective
March 2020
End
30 days from each existing renewal deadline occurring in March or April 2020, unless extended (read as 2020-06-30)
In force
No start date could be read from the record.
Quarters
2020 Q2
Limitation types
Other
Addressees
  • licensees of the Office under chapter 560, Florida Statutes (money services businesses), and other licensees with March-April 2020 renewal deadlines
Functions reached
  • HR licensing renewals of money services businesses
  • OP
Collection
State insurance and banking regulators AGY-ST-INSURANCE-BANKING

Operative words

Executive Order Number 20-52, authorizes each State agency to suspend the provisions of any regulatory statute of that agency, if strict compliance with that statute would in any way prevent, hinder, or delay necessary action in coping with this emergency... Therefore, I order the following: [For any licensee] with an existing renewal deadline that occurs in the month of March or April, 2020, including, but not limited to, Chapter 560, Florida Statutes, the existing renewal deadline is suspended and tolled for a period of 30 days from the existing renewal deadline, unless extended by subsequent order. No late fee shall be assessed on an [eligible license renewal during this tolled period].

Enforcement

Fla. Stat. ch. 560; § 252.46

Notes

OFR's COVID-19 resources page (Wayback, Apr. 17, 2020) describes it: 'Emergency Order 2020-01 extends certain renewal deadlines for money services businesses.'