# Fla. Stat. § 494.0016: 494.0016 Books, accounts, and records; maintenance; examinations by the office

> Florida · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIII_C494_PI_S494.0016

## Section

- **Citation:** Fla. Stat. § 494.0016
- **Heading:** 494.0016 Books, accounts, and records; maintenance; examinations by the office
- **Jurisdiction:** Florida
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Florida Code / Title XXXIII / Chapter 494 / Part I / Section 494.0016

## Text

(1) Each licensee shall maintain, at the principal place of business designated on the license, all books, accounts, records, and documents necessary to determine the licensee’s compliance with this chapter.

(2) The office may authorize maintenance of records at a location other than a principal place of business. The office may require books, accounts, and records to be produced and available at a reasonable and convenient location in this state.

(3) All books, accounts, records, documents, and receipts for expenses paid by the licensee on behalf of the borrower, including each closing statement signed by a borrower, shall be preserved and kept available for examination by the office for at least 3 years after the date of original entry.

(4) The commission may prescribe by rule the minimum information to be shown in the books, accounts, records, and documents of licensees so that such records will enable the office to determine the licensee’s compliance with this chapter. In addition, the commission may prescribe by rule requirements for the destruction of books, accounts, records, and documents retained by the licensee after completion of the time period specified in subsection (3).

History: ss. 7, 50, ch. 91-245; s. 4, ch. 91-429; s. 5, ch. 99-213; s. 519, ch. 2003-261; s. 3, ch. 2006-213.

## Nearby sections

- [Fla. Stat. § 494.001 494.001 Definitions.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIII_C494_PI_S494.001.md)
- [Fla. Stat. § 494.002 494.002 Statutory or common-law remedies.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIII_C494_PI_S494.002.md)
- [Fla. Stat. § 494.0011 494.0011 Powers and duties of the commission and office.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIII_C494_PI_S494.0011.md)
- [Fla. Stat. § 494.0012 494.0012 Investigations; complaints; examinations.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIII_C494_PI_S494.0012.md)
- [Fla. Stat. § 494.0013 494.0013 Injunction to restrain violations.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIII_C494_PI_S494.0013.md)
- [Fla. Stat. § 494.0014 494.0014 Cease and desist orders; refund orders.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIII_C494_PI_S494.0014.md)
- [Fla. Stat. § 494.0015 494.0015 Evidence; examiner’s worksheets, investigative reports, other related documents.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIII_C494_PI_S494.0015.md)
- [Fla. Stat. § 494.0016 494.0016 Books, accounts, and records; maintenance; examinations by the office.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIII_C494_PI_S494.0016.md)
- [Fla. Stat. § 494.0018 494.0018 Penalties.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIII_C494_PI_S494.0018.md)
- [Fla. Stat. § 494.0019 494.0019 Liability in case of unlawful transaction.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIII_C494_PI_S494.0019.md)
- [Fla. Stat. § 494.0022 494.0022 Applicability of act.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIII_C494_PI_S494.0022.md)
- [Fla. Stat. § 494.0023 494.0023 Conflicting interest.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIII_C494_PI_S494.0023.md)
- [Fla. Stat. § 494.0024 494.0024 Waiver.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIII_C494_PI_S494.0024.md)
- [Fla. Stat. § 494.0025 494.0025 Prohibited practices.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIII_C494_PI_S494.0025.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIII_C494_PI_S494.0016. Check the current official text before relying on it. Not legal advice.