Florida § 545.05 - Paying or giving anything to finance company to lessen competition prohibited.
Full text of Florida Florida Statutes § 545.05 — Paying or giving anything to finance company to lessen competition prohibited., with citation guidance and answers to common questions.
§ 545.05. Paying or giving anything to finance company to lessen competition prohibited.
It is unlawful for any manufacturer or wholesale distributor of motor vehicles, to pay or give, or contract to pay or give any thing or service of value to any finance company if the effect of any such payment or the giving of any such thing or service of value may be to lessen or eliminate competition, or tend to create or create a monopoly in the finance company which receives or accepts such thing or service of value.
Source: official Florida text · Last verified 2026-08-27
Frequently Asked Questions About Florida § 545.05
What does Florida Statutes § 545.05 cover?
Section 545.05 ("Paying or giving anything to finance company to lessen competition prohibited.") is part of the Florida Statutes, the codified statutory law of Florida. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Florida § 545.05?
A common citation format is "Florida Statutes § 545.05" (Florida). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Florida law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Florida official source linked on this page or consult a licensed Florida attorney.
How does Florida § 545.05 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Florida can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Florida.