Control of a money services business.
F.S. 560.127
in effectA person has a controlling interest in a money services business if the person:
(1)
Possesses the power, directly or indirectly, to direct the management or policies of the money services business, whether through ownership, by contract, or otherwise;
(2)
Directly or indirectly may vote 25 percent or more of a class of a voting security or sell or direct the sale of 25 percent or more of a class of voting securities; or
(3)
In the case of a partnership, may receive upon dissolution or has contributed 25 percent or more of the capital.
Source: FL Statutes (Official Site)URL: https://www.flsenate.gov/Laws/Statutes/2025/Chapter560/AllFetched: 7/8/2026