Fla. Admin. Code R. 69V-560.7044
Current through Reg. 50, No. 253; December 31, 2024
It is unlawful for a check casher to cash corporate checks for a payee where the aggregate face amount of corporate checks cashed for the payee statewide exceeds 200 percent of the payroll amount listed in the payee's current workers' compensation policy. The 200 percent limit is calculated from the date the payee's policy coverage begins and continues until the date the policy coverage expires or is cancelled. The 200 percent limitation does not apply to payees exempt from or not required to obtain a workers compensation policy.
Fla. Admin. Code Ann. R. 69V-560.7044
Rulemaking Authority 560.105 FS. Law Implemented 560.309 FS.
New 3-7-24.