560.212 Financial liability. - Florida Statutes

560.212 Financial liability.

A licensee under this part is liable for the payment of all money transmitted and payment instruments that it sells, in whatever form and whether directly or through an authorized vendor, as the maker, drawer, or principal thereof, regardless of whether such item is negotiable or nonnegotiable.

History. s. 2, ch. 94-238; s. 2, ch. 94-354; s. 37, ch. 2008-177.