Florida § 655.955 - Liability of financial institution to third parties.

Full text of Florida Florida Statutes § 655.955 — Liability of financial institution to third parties., with citation guidance and answers to common questions.

§ 655.955. Liability of financial institution to third parties.

A financial institution is not civilly liable to a third party for the actions or operations of a person solely by virtue of extending a loan or a line of credit to such person. This section does not modify, limit, or restrict the authority of a state agency under applicable law to conduct an investigation, bring a civil or administrative action, or otherwise enforce state or federal laws against a financial institution.

Source: official Florida text · Last verified 2026-08-27

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Frequently Asked Questions About Florida § 655.955

What does Florida Statutes § 655.955 cover?

Section 655.955 ("Liability of financial institution to third parties.") 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 § 655.955?

A common citation format is "Florida Statutes § 655.955" (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 § 655.955 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.