Fla. Admin. Code R. 69V-40.156

Current through Reg. 50, No. 253; December 31, 2024

Section 69V-40.156 - Third-party Fee Accounts

All third-party fees and refundable application fees received by a mortgage broker shall be recorded on Form OFR-494-09, Mortgage Brokerage Deposit Account Form, or on a format which is substantially similar to Form OFR-494-09. Failure to maintain a record of account activity in a current manner is a violation of this rule. Form OFR-494-09 is incorporated by reference in subsection 69V-40.002(1), F.A.C.

Fla. Admin. Code Ann. R. 69V-40.156

Rulemaking Authority 494.0016(4) FS. Law Implemented 494.00255(1)(a), 494.0038 FS.

New 12-3-91, Amended 7-25-96, 12-12-99, Formerly 3D-40.156, Amended 3-23-08, 10-1-10, Amended by Florida Register Volume 41, Number 209, October 27, 2015 effective 11/9/2015.

New 12-3-91, Amended 7-25-96, 12-12-99, Formerly 3D-40.156, Amended 3-23-08, 10-1-10, 11-9-15.