reglab/housing_qa huggingface dataset:
FL Stat § 665.074 (2021)
2021 Florida Statutes|Title XXXVIII - Banks and Banking|Chapter 665 - Capital Stock Associations|665.074 - Loan Expenses.

665.074 Loan expenses.—Every association may require borrowers to pay all reasonable expenses incurred in connection with the making, closing, disbursing, extending, readjusting, or renewing of real estate loans. Without limiting the generality of the foregoing, such expenses may include appraisal, attorney, abstract, recording, and registration fees; title examination; title insurance; mortgage loan insurance; credit report; survey; drawing of papers; escrow services; loan closing costs; and taxes or charges imposed upon or in connection with the making and recording of any loan. Every association also may require borrowers to pay the cost of all other necessary and incidental services rendered by the association or by others in connection with real estate and other loans in such reasonable amounts as may be fixed by the board of directors. Without limiting the generality of the foregoing, such costs may include the costs of services of inspectors, engineers, and architects. Such initial charges may be collected by the association from the borrower and paid to any person, including any director, officer, or employee of the association rendering such services, or paid directly by the borrower. In lieu of such initial charges to cover such expenses and costs, an association may make a reasonable charge, part or all of which may be retained by the association which renders such service or part or all of which may be paid to others who render such services. The fees and charges authorized by this chapter shall be in addition to interest authorized by law and shall not be deemed to be a part of the interest collected or agreed to be paid on such loans within the meaning of any law of this state which limits the rate of interest which may be exacted in any transaction. No director, officer, or employee of an association shall receive any fee or other compensation of any kind in connection with procuring any loan for an association, except for services actually rendered as above provided.History.—s. 40, ch. 69-39; s. 3, ch. 76-168; s. 1, ch. 77-457; ss. 40, 57, 58, ch. 80-257; ss. 2, 3, ch. 81-318; s. 1, ch. 91-307; ss. 1, 184, ch. 92-303.Note.—Former s. 665.401.
FL Stat § 665.075 (2021)
2021 Florida Statutes|Title XXXVIII - Banks and Banking|Chapter 665 - Capital Stock Associations|665.075 - Dealing With Successors in Interest.

665.075 Dealing with successors in interest.—In the case of any investment made by an association in a real estate loan, in the event the ownership of the real estate security or any part thereof becomes vested in a person other than the party or parties originally executing the security instruments, and provided there is not an agreement in writing to the contrary, an association may, without notice to such party or parties, deal with such successor or successors in interest with reference to said mortgage and the debt thereby secured in the same manner as with such party or parties, and may forbear to sue or may extend time for payment of or otherwise modify the terms of the debt secured thereby, without discharging or in any way affecting the original liability of such party or parties thereunder or upon the debt thereby secured.History.—s. 41, ch. 69-39; s. 3, ch. 76-168; s. 1, ch. 77-457; ss. 41, 57, 58, ch. 80-257; ss. 2, 3, ch. 81-318; s. 1, ch. 91-307; s. 1, ch. 92-303.Note.—Former s. 665.411.
FL Stat § 665.1011 (2021)
2021 Florida Statutes|Title XXXVIII - Banks and Banking|Chapter 665 - Capital Stock Associations|665.1011 - Federal Associations.

665.1011 Federal associations.—Federal associations, which are incorporated pursuant to the laws of the United States, as now or hereafter amended, and the principal place of business of which is located within this state, are not foreign corporations or foreign associations. Unless federal laws or regulations provide otherwise, such federal associations and the members or stockholders thereof shall possess all of the rights, powers, privileges, benefits, immunities, and exemptions that are now provided or that hereafter may be provided by the laws of this state for associations organized under the laws of this state and for the members or stockholders thereof. This provision is additional and supplemental to any provision which, by specific reference, is applicable to federal associations and the members or stockholders thereof.History.—s. 51, ch. 69-39; s. 3, ch. 76-168; s. 1, ch. 77-457; ss. 51, 57, 58, ch. 80-257; ss. 2, 3, ch. 81-318; s. 1, ch. 91-307; ss. 1, 186, ch. 92-303.Note.—Former s. 665.511.
FL Stat § 667.001 (2021)
2021 Florida Statutes|Title XXXVIII - Banks and Banking|Chapter 667 - Savings Banks|667.001 - Short Title.

667.001 Short title.—This chapter may be cited as the “Florida Savings Bank Act.”History.—s. 15, ch. 97-30.
FL Stat § 667.004 (2021)
2021 Florida Statutes|Title XXXVIII - Banks and Banking|Chapter 667 - Savings Banks|667.004 - Name.

667.004 Name.—The name of every savings bank shall include the words “savings bank.” The use of the words “National,” “Federal,” “United States,” “insured,” or “guaranteed,” separately or in any combination thereof with other words or syllables, is prohibited as part of the corporate name of a savings bank.History.—s. 15, ch. 97-30.
FL Stat § 667.005 (2021)
2021 Florida Statutes|Title XXXVIII - Banks and Banking|Chapter 667 - Savings Banks|667.005 - Reorganization, Merger, or Consolidation With a Foreign Savings Bank.

667.005 Reorganization, merger, or consolidation with a foreign savings bank.—(1) A savings bank shall have the power to reorganize, merge, or consolidate with a foreign savings bank, as defined in s. 667.013, subject to the approval of the office.(2) If the resulting or surviving savings bank is to be a foreign savings bank, the office shall not approve the proposed transaction unless:(a) The laws of the state in which the foreign savings bank has its principal place of business permit savings banks in that state to reorganize, merge, or consolidate with Florida savings banks in transactions in which the resulting or surviving savings bank is a Florida savings bank.(b) The constituent Florida savings bank has been in existence and continuously operating for more than 2 years.(3) A proposed transaction in which the resulting or surviving savings bank is to be a foreign savings bank shall be subject to any conditions, restrictions, and requirements that would apply in the state where the foreign savings bank has its principal place of business if the resulting or surviving savings bank were to be a Florida savings bank, which conditions, restrictions, and requirements would not apply to a reorganization, merger, or consolidation of savings banks all of which are located in that state.(4) A foreign savings bank which is the resulting or surviving savings bank in a reorganization, merger, or consolidation with a Florida savings bank shall not be considered a Florida savings bank.(5) Each application for reorganization, merger, or consolidation with a foreign savings bank shall be accompanied by a nonrefundable filing fee as provided in s. 658.73(2)(g).History.—s. 15, ch. 97-30; s. 1867, ch. 2003-261.
FL Stat § 667.007 (2021)
2021 Florida Statutes|Title XXXVIII - Banks and Banking|Chapter 667 - Savings Banks|667.007 - Supervisory Case; Emergency Conversion, Reorganization, Merger; Consolidation; Acquisition of Assets.

667.007 Supervisory case; emergency conversion, reorganization, merger; consolidation; acquisition of assets.—(1) The office may determine that a state or federal savings bank is a supervisory case if it finds that:(a) The savings bank is insolvent; or(b) The savings bank is imminently insolvent.Any such finding by the office shall be based upon reports furnished to it by a state or federal regulatory agency or upon other evidence from which it is reasonable to conclude that the savings bank is a supervisory case.(2) Notwithstanding any other provision of this chapter or chapter 120, if the office finds that immediate action is necessary to protect the interests of depositors and reduce the potential for claims against the insurance fund, or in order to prevent the probable failure of a state or federal savings bank which is a supervisory case, the office may, with the concurrence of the appropriate federal regulatory agency in the case of any savings bank the deposits of which are federally insured, issue an emergency order authorizing:(a) The conversion of such savings bank from a state to a federal charter, or vice versa, without change of business form;(b) The reorganization, merger, or consolidation of such state or federal savings bank with another state or federal savings bank;(c) The conversion of such state or federal savings bank into a state or federal capital stock savings bank; or(d) Any state or federal savings bank to acquire the assets of, and assume the liabilities of, such failing savings bank.History.—s. 15, ch. 97-30; s. 1869, ch. 2003-261.
FL Stat § 667.010 (2021)
2021 Florida Statutes|Title XXXVIII - Banks and Banking|Chapter 667 - Savings Banks|667.010 - Loans.

667.010 Loans.—On an annual average, based on monthly computations, a savings bank shall have invested at least 50 percent of assets, other than liquid assets of a savings bank invested in either real estate loans or interests therein on home property or primarily residential property and not more than 30 percent invested in loans for agricultural, business, corporate, or commercial purposes.History.—s. 15, ch. 97-30.
FL Stat § 667.011 (2021)
2021 Florida Statutes|Title XXXVIII - Banks and Banking|Chapter 667 - Savings Banks|667.011 - Loan Expenses.

667.011 Loan expenses.—Every savings bank may require borrowers to pay all reasonable expenses incurred in connection with the making, closing, disbursing, extending, readjusting, or renewing of real estate loans. Without limiting the generality of the foregoing, such expenses may include appraisal, attorney, abstract, recording, and registration fees; title examination; title insurance; mortgage loan insurance; credit report; survey; drawing of papers; escrow services; loan closing costs; and taxes or charges imposed upon or in connection with the making and recording of any loan. Every savings bank also may require borrowers to pay the cost of all other necessary and incidental services rendered by the savings bank or by others in connection with real estate and other loans in such reasonable amounts as may be fixed by the board of directors. Without limiting the generality of the foregoing, such costs may include the costs of services of inspectors, engineers, and architects. Such initial charges may be collected by the savings bank from the borrower and paid to any person, including any director, officer, or employee of the savings bank rendering such services, or paid directly by the borrower. In lieu of such initial charges to cover such expenses and costs, a savings bank may make a reasonable charge, part or all of which may be retained by the savings bank which renders such service or part or all of which may be paid to others who render such services. The fees and charges authorized by this chapter shall be in addition to interest authorized by law and shall not be deemed to be a part of the interest collected or agreed to be paid on such loans within the meaning of any law of this state which limits the rate of interest which may be exacted in any transaction. No director, officer, or employee of a savings bank shall receive any fee or other compensation of any kind in connection with procuring any loan for a savings bank, except for services actually rendered as provided in this section.History.—s. 15, ch. 97-30.
FL Stat § 667.012 (2021)
2021 Florida Statutes|Title XXXVIII - Banks and Banking|Chapter 667 - Savings Banks|667.012 - Dealing With Successors in Interest.

667.012 Dealing with successors in interest.—In the case of any investment made by a savings bank in a real estate loan, in the event the ownership of the real estate security or any part thereof becomes vested in a person other than the party or parties originally executing the security instruments, and provided there is not an agreement in writing to the contrary, a savings bank may, without notice to such party or parties, deal with such successor or successors in interest with reference to said mortgage and the debt thereby secured in the same manner as with such party or parties, and may forbear to sue or may extend time for payment of or otherwise modify the terms of the debt secured thereby, without discharging or in any way affecting the original liability of such party or parties thereunder or upon the debt thereby secured.History.—s. 15, ch. 97-30.
FL Stat § 667.013 (2021)
2021 Florida Statutes|Title XXXVIII - Banks and Banking|Chapter 667 - Savings Banks|667.013 - Foreign Savings Banks.

667.013 Foreign savings banks.—(1) DEFINED.—For the purposes of this section, the term “foreign savings bank” includes any domestic joint venture, business trust, syndicate, firm, company, savings bank, fiduciary, partnership, or corporation, and all other groups or combinations, by whatever name called, actually engaged in the business of a savings bank, the principal business office of which is located outside the territorial limits of this state.(2) ACTION BY OFFICE.—The office is authorized, empowered, and directed to obtain an injunction or to take any other action necessary to prevent any foreign savings bank from unlawfully doing any business of a savings bank in this state.(3) ACTIVITIES NOT CONSIDERED “DOING BUSINESS.”—For the purposes of this section and any other law of this state prohibiting, limiting, or regulating the doing of business in this state by foreign savings banks or foreign corporations of any type, any federal savings bank, the principal office of which is located outside this state, and any foreign savings bank which is subject to state or federal supervision, or both, which by law are subject to periodic examination by such supervisory authority and to a requirement of periodic audit, shall not be considered to be doing business in this state by reason of engaging in any of the following activities:(a) The purchase, acquisition, holding, sale, assignment, transfer, collecting, and enforcement of obligations or any interest therein secured by real estate mortgages or other instruments in the nature of a mortgage, covering real property located in this state, or the foreclosure of such instruments, or the acquisition of title to such property by foreclosure, or otherwise, as a result of default under such instruments, or the holding, protection, rental, maintenance, and operation of the property so acquired, or the disposition thereof, provided such savings banks shall not hold, own, or operate such property for a period exceeding 5 years without securing the approval of the office.(b) The advertising or solicitation of savings accounts or the making of any representation with respect thereto in this state through the medium of mail, radio, television, magazines, or newspapers or any other medium which is published or circulated within this state, provided that such advertising, solicitation, or the making of such representations is accurately descriptive of the facts.History.—s. 15, ch. 97-30; s. 1871, ch. 2003-261.
FL Stat § 675.101 (2021)
2021 Florida Statutes|Title XXXIX - Commercial Relations|Chapter 675 - Uniform Commercial Code: Letters of Credit|675.101 - Short Title.

675.101 Short title.—This chapter may be cited as the “Uniform Commercial Code—Letters of Credit.”History.—s. 1, ch. 65-254; s. 1, ch. 99-137.Note.—s. 5-101, U.C.C.
FL Stat § 675.102 (2021)
2021 Florida Statutes|Title XXXIX - Commercial Relations|Chapter 675 - Uniform Commercial Code: Letters of Credit|675.102 - Scope.

675.102 Scope.—(1) This chapter applies to letters of credit and to certain rights and obligations arising out of transactions involving letters of credit.(2) The statement of a rule in this chapter does not by itself require, imply, or negate application of the same or a different rule to a situation not provided for, or to a person not specified, in this chapter.(3) With the exception of this subsection, subsections (1) and (4), ss. 675.103(1)(i) and (j), 675.106(4), and 675.114(4), and except to the extent prohibited in ss. 671.102(2) and 675.117(4), the effect of this chapter may be varied by agreement or by a provision stated or incorporated by reference in an undertaking. A term in an agreement or undertaking generally excusing liability or generally limiting remedies for failure to perform obligations is not sufficient to vary obligations prescribed by this chapter.(4) Rights and obligations of an issuer to a beneficiary or a nominated person under a letter of credit are independent of the existence, performance, or nonperformance of a contract or arrangement out of which the letter of credit arises or which underlies it, including contracts or arrangements between the issuer and the applicant and between the applicant and the beneficiary.History.—s. 1, ch. 65-254; s. 1, ch. 99-137; s. 25, ch. 2007-134.Note.—s. 5-102, U.C.C.
FL Stat § 675.104 (2021)
2021 Florida Statutes|Title XXXIX - Commercial Relations|Chapter 675 - Uniform Commercial Code: Letters of Credit|675.104 - Formal Requirements.

675.104 Formal requirements.—A letter of credit, confirmation, advice, transfer, amendment, or cancellation may be issued in any form that is a record and is authenticated by a signature or in accordance with the agreement of the parties or the standard practice referred to in s. 675.108(5).History.—s. 1, ch. 65-254; s. 1, ch. 99-137.Note.—s. 5-104, U.C.C.
FL Stat § 675.105 (2021)
2021 Florida Statutes|Title XXXIX - Commercial Relations|Chapter 675 - Uniform Commercial Code: Letters of Credit|675.105 - Consideration.

675.105 Consideration.—Consideration is not required to issue, amend, transfer, or cancel a letter of credit, advice, or confirmation.History.—s. 1, ch. 65-254; s. 1, ch. 99-137.Note.—s. 5-105, U.C.C.; supersedes ss. 674.27, 674.31.
FL Stat § 675.106 (2021)
2021 Florida Statutes|Title XXXIX - Commercial Relations|Chapter 675 - Uniform Commercial Code: Letters of Credit|675.106 - Issuance, Amendment, Cancellation, and Duration.

675.106 Issuance, amendment, cancellation, and duration.—(1) A letter of credit is issued and becomes enforceable according to its terms against the issuer when the issuer sends or otherwise transmits it to the person requested to advise or to the beneficiary. A letter of credit is revocable only if it so provides.(2) After a letter of credit is issued, rights and obligations of a beneficiary, applicant, confirmer, and issuer are not affected by an amendment or cancellation to which that person has not consented except to the extent the letter of credit provides that it is revocable or that the issuer may amend or cancel the letter of credit without that consent.(3) If there is no stated expiration date or other provision that determines its duration, a letter of credit expires 1 year after its stated date of issuance or, if none is stated, after the date on which it is issued.(4) A letter of credit that states that it is perpetual expires 5 years after its stated date of issuance or, if none is stated, after the date on which it is issued.History.—s. 1, ch. 65-254; s. 615, ch. 97-102; s. 1, ch. 99-137.Note.—s. 5-106, U.C.C.
FL Stat § 675.107 (2021)
2021 Florida Statutes|Title XXXIX - Commercial Relations|Chapter 675 - Uniform Commercial Code: Letters of Credit|675.107 - Confirmer, Nominated Person, and Adviser.

675.107 Confirmer, nominated person, and adviser.—(1) A confirmer is directly obligated on a letter of credit and has the rights and obligations of an issuer to the extent of its confirmation. The confirmer also has rights against and obligations to the issuer as if the issuer were an applicant and the confirmer had issued the letter of credit at the request and for the account of the issuer.(2) A nominated person who is not a confirmer is not obligated to honor or otherwise give value for a presentation.(3) A person requested to advise may decline to act as an adviser. An adviser that is not a confirmer is not obligated to honor or give value for a presentation. An adviser undertakes to the issuer and to the beneficiary accurately to advise the terms of the letter of credit, confirmation, amendment, or advice received by that person and undertakes to the beneficiary to check the apparent authenticity of the request to advise. Even if the advice is inaccurate, the letter of credit, confirmation, or amendment is enforceable as issued.(4) A person who notifies a transferee beneficiary of the terms of a letter of credit, confirmation, amendment, or advice has the rights and obligations of an adviser under subsection (3). The terms in the notice to the transferee beneficiary may differ from the terms in any notice to the transferor beneficiary to the extent permitted by the letter of credit, confirmation, amendment, or advice received by the person who so notifies.History.—s. 1, ch. 65-254; s. 1, ch. 99-137.Note.—s. 5-107, U.C.C.
FL Stat § 675.109 (2021)
2021 Florida Statutes|Title XXXIX - Commercial Relations|Chapter 675 - Uniform Commercial Code: Letters of Credit|675.109 - Fraud and Forgery.

675.109 Fraud and forgery.—(1) If a presentation is made that appears on its face strictly to comply with the terms and conditions of the letter of credit, but a required document is forged or materially fraudulent, or honor of the presentation would facilitate a material fraud by the beneficiary on the issuer or applicant:(a) The issuer shall honor the presentation, if honor is demanded by:1. A nominated person who has given value in good faith and without notice of forgery or material fraud;2. A confirmer who has honored its confirmation in good faith;3. A holder in due course of a draft drawn under the letter of credit which was taken after acceptance by the issuer or nominated person; or4. An assignee of the issuer’s or nominated person’s deferred obligation that was taken for value and without notice of forgery or material fraud after the obligation was incurred by the issuer or nominated person.(b) The issuer, acting in good faith, may honor or dishonor the presentation in any other case.(2) If an applicant claims that a required document is forged or materially fraudulent or that honor of the presentation would facilitate a material fraud by the beneficiary on the issuer or applicant, a court of competent jurisdiction may temporarily or permanently enjoin the issuer from honoring a presentation or grant similar relief against the issuer or other persons only if the court finds that:(a) The relief is not prohibited under the law applicable to an accepted draft or deferred obligation incurred by the issuer;(b) A beneficiary, issuer, or nominated person who may be adversely affected is adequately protected against loss that it may suffer because the relief is granted;(c) All of the conditions to entitle a person to the relief under the laws of this state have been met; and(d) On the basis of the information submitted to the court, the applicant is more likely than not to succeed under its claim of forgery or material fraud and the person demanding honor does not qualify for protection under paragraph (1)(a).History.—s. 1, ch. 65-254; s. 1, ch. 99-137.Note.—s. 5-109, U.C.C.