Florida Statutes 817.803 – Exceptions
Current as of: 2023 | Check for updates
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Nothing in this part applies to:
(1) Any debt management or credit counseling services provided in the practice of law in this state;
(2) Any person who engages in debt adjustment to adjust the indebtedness owed to such person; or
(3) The following entities or their subsidiaries:
(a) The Federal National Mortgage Association;
Terms Used In Florida Statutes 817.803
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Credit counseling services: means confidential money management, debt reduction, and financial educational services. See Florida Statutes 817.801
- Fair Credit Reporting Act: A federal law, established in 1971 and revised in 1997, that gives consumers the right to see their credit records and correct any mistakes. Source: OCC
- Federal Deposit Insurance Corporation: A government corporation that insures the deposits of all national and state banks that are members of the Federal Reserve System. Source: OCC
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- National Credit Union Administration: The federal regulatory agency that charters and supervises federal credit unions. (NCUA also administers the National Credit Union Share Insurance Fund, which insures the deposits of federal credit unions.) Source: OCC
- Person: means any individual, corporation, partnership, trust, association, or other legal entity. See Florida Statutes 817.801
(b) The Federal Home Loan Mortgage Corporation;
(c) The Florida Housing Finance Corporation, a public corporation created in s. 420.504;
(d) A bank, bank holding company, trust company, savings and loan association, credit union, credit card bank, or savings bank that is regulated and supervised by the Office of the Comptroller of the Currency, the Office of Thrift Supervision, the Federal Reserve, the Federal Deposit Insurance Corporation, the National Credit Union Administration, the Office of Financial Regulation of the Department of Financial Services, or any state banking regulator;
(e) A consumer reporting agency as defined in the Federal Fair Credit Reporting Act, 15 U.S.C. ss. 1681-1681y, as it existed on April 5, 2004; or
(f) Any subsidiary or affiliate of a bank holding company, its employees and its exclusive agents acting under written agreement.