Florida § 658.20 - Investigation by office.
Full text of Florida Florida Statutes § 658.20 — Investigation by office., with citation guidance and answers to common questions.
§ 658.20. Investigation by office.
(1) Upon the filing of an application, the office shall make an investigation of: (a) The character, reputation, financial standing, business experience, and business qualifications of the proposed officers and directors. (b) The need for bank or trust facilities or additional bank or trust facilities, as the case may be, in the primary service area where the proposed bank or trust company is to be located or the need for the target market that the bank or trust company intends to engage with in business. (c) The ability of the primary service area or target market to support the proposed bank or trust company and all other existing bank or trust facilities that serve the same primary service area or target market. (2) The office is authorized to obtain criminal record information from the National Crime Information Center or from the Department of Law Enforcement as a part of its investigation pursuant to this section.
Frequently Asked Questions About Florida § 658.20
What does Florida Statutes § 658.20 cover?
Section 658.20 ("Investigation by office.") 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 § 658.20?
A common citation format is "Florida Statutes § 658.20" (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 § 658.20 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.