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Florida Laws: FL Statutes - Title XXXVII Insurance Section 627.011 Short title.

Legal Research Home > Florida Laws > Insurance > Florida Laws: FL Statutes - Title XXXVII Insurance Section 627.011 Short title.

627.835  Excessive premium finance charge; penalty.

Any person, premium finance company, or other legal entity who or which knowingly takes, receives, reserves, or charges a premium finance charge other than that authorized by this part shall thereby forfeit the entire premium finance charge to which such person, premium finance company, or legal entity would otherwise be entitled; and any person who has paid such unlawful finance charge may personally or by her or his legal or personal representative, by suit for recovery thereof, recover from such person, premium finance company, or legal entity twice the entire amount of the premium finance charge so paid.

History.--s. 1, ch. 63-16; s. 3, ch. 76-168; s. 1, ch. 77-457; ss. 2, 3, ch. 81-318; ss. 599, 612, 809(2nd), ch. 82-243; s. 79, ch. 82-386; s. 114, ch. 92-318; s. 365, ch. 97-102.

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Last modified: March 26, 2010