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Code · Florida · Title XXXVIII — Banks and Banking · Chapter 655

655.955 Liability of financial institution to third parties.

72 words·~1 min read·/fl/title-xxxviii/chapter-655/655-955

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

A financial institution is not civilly liable to a third party for the actions or operations of a person solely by virtue of extending a loan or a line of credit to such person. This section does not modify, limit, or restrict the authority of a state agency under applicable law to conduct an investigation, bring a civil or administrative action, or otherwise enforce state or federal laws against a financial institution.
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