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Florida Banks And Banking Code Section 655.015 - Financial Institutions Generally - Construction; standards to be observed by commission and office.

Legal Research Home > Florida Lawyer > Banks and Banking > Florida Banks And Banking Code Section 655.015 - Financial Institutions Generally - Construction; standards to be observed by commission and office.

Title XXXVIII   BANKS AND BANKING

Chapter 655   FINANCIAL INSTITUTIONS GENERALLY

655.015  Construction; standards to be observed by commission and office.--

(1)  The financial institutions codes shall be liberally construed and applied to promote their purposes and policies.

(2)  The purposes and policies as stated in s. 655.001 constitute standards to be observed by the commission and office in the exercise of their discretionary powers under the financial institutions codes, in the adoption of rules, in the issuance of orders and declaratory statements, in the examination and supervision of financial institutions, and in all matters of construction and application of the financial institutions codes required for any determination or action.

(3)  The headings, captions, and catchlines at the beginning of sections, subsections, and paragraphs are for convenience only, do not constitute any part of the statutes comprising the financial institutions codes, do not constitute a complete index of the financial institutions codes, are not indicative of the intent of the financial institutions codes, and may not be used in construing or interpreting the financial institutions codes.

History.--s. 10, ch. 92-303; s. 1702, ch. 2003-261.

Last modified: November 21, 2006