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Florida Statute 658.25 | Lawyer Caselaw & Research
F.S. 658.25 Case Law from Google Scholar
Statute is currently reporting as:
Link to State of Florida Official Statute Google Search for Amendments to 658.25

The 2023 Florida Statutes (including Special Session C)

Title XXXVIII
BANKS AND BANKING
Chapter 658
BANKS AND TRUST COMPANIES
View Entire Chapter
F.S. 658.25
658.25 Opening for business.
(1) A bank or trust company corporation shall open and conduct a general commercial bank or trust business no later than 12 months after the commencement of its corporate existence.
(2) At least 30 days prior to its intended opening date, the corporation shall notify the office of its proposed opening date and confirm its compliance with all conditions imposed in the order or orders issued by the office relating to its organization.
(3) The office shall perform a preopening examination to verify good faith compliance with all the requirements of law and that the bank or trust company corporation is ready to engage in a general commercial bank or trust business. If the office finds that such requirements have been met, it shall issue a certificate of authorization to transact a general commercial bank or trust business. Upon the issuance of the certificate of authorization, the bank or trust company corporation shall become a state bank or a state trust company and the certificate shall constitute its charter.
(4) Upon opening for business, a bank or trust company shall have power to engage in a general commercial bank or trust business and to exercise, subject to law, all such incidental powers as may reasonably promote its general commercial bank or trust business.
History.ss. 15, 152, ch. 80-260; ss. 2, 3, ch. 81-318; ss. 24, 51, ch. 84-216; ss. 33, 58, ch. 85-82; s. 14, ch. 89-229; s. 1, ch. 91-307; ss. 1, 110, ch. 92-303; s. 13, ch. 2001-243; s. 1770, ch. 2003-261.

F.S. 658.25 on Google Scholar

F.S. 658.25 on Casetext

Amendments to 658.25


Arrestable Offenses / Crimes under Fla. Stat. 658.25
Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 658.25.



Annotations, Discussions, Cases:

Cases from cite.case.law:

FLORIDIAN COMMUNITY BANK, INC. P. v. STATE OFFICE OF FINANCIAL REGULATION, DIVISION OF FINANCIAL INSTITUTIONS, P. v., 989 So. 2d 1231 (Fla. Dist. Ct. App. 2008)

. . . Section 658.25(2) provides: At least 30 days prior to its intended opening date, the corporation shall . . . all conditions imposed in the order or orders issued by the office relating to its organization. § 658.25 . . . financial institution must comply with the conditions imposed by the OFR before its opening date. § 658.25 . . .

SOUTHEASTERN FISHERIES ASSOCIATION, INC. v. A. MOSBACHER, J. E., 773 F. Supp. 435 (D.D.C. 1991)

. . . . §§ 638.22, 642.29, 658.22-658.25 (1990). . . .

WORLD BANK a v. LEWIS, AMERICAN INTERNATIONAL BANK a v. LEWIS,, 425 So. 2d 77 (Fla. Dist. Ct. App. 1982)

. . . opening date the banking corporation shall file with the Department a statement complying with Section 658.25 . . .

COMMISSIONER OF INTERNAL REVENUE v. KREBS, 90 F.2d 880 (3d Cir. 1937)

. . . Dupont Company stock of the value of $4,712.50 and cash in the following amounts: $656.37, $667.88, and $658.25 . . .

v., 2 F. 145 (S.D.N.Y. 1880)

. . . On the twenty-eighth of October, 1874, tbe duties were liquidated at $658.25. . . .