# Fla. Stat. § 658.19: 658.19 Application for authority to organize a bank or trust company

> Florida · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXVIII_C658_S658.19

## Section

- **Citation:** Fla. Stat. § 658.19
- **Heading:** 658.19 Application for authority to organize a bank or trust company
- **Jurisdiction:** Florida
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Florida Code / Title XXXVIII / Chapter 658 / Section 658.19

## Text

(1) A written application for authority to organize a banking corporation or a trust company shall be filed with the office by the proposed directors and shall include: (a) The name, residence, and occupation of each proposed director. (b) The proposed corporate name. (c) The total initial capital, the number of shares of each class of the capital stock to be authorized, and the par value of the shares of each class. (d) The community, including the street and number, if available, or, if not available, the area within the community, where the principal office of the proposed bank or proposed trust company is to be located. (e) If known, the name and residence of the proposed president, the proposed chief executive officer if other than the proposed president and, if the application is for organization of a trust company or a bank with trust powers, the name and address of the proposed trust officer. (f) Such detailed financial, business, and biographical information as the commission or office may reasonably require for each proposed director, executive officer, and, if applicable, trust officer. (g) A request for trust powers if desired in connection with an application to organize a bank.

(2) The application shall be in such form as the commission prescribes and contain such additional information as the commission or office reasonably requires and shall be accompanied by the required fee, which shall not be refundable.

(3) Notwithstanding chapter 120, an application may be returned to the applicant, on a one-time basis, for correction of substantial deficiencies and may be resubmitted without payment of an additional fee if such resubmission takes place within 60 days after the date the office returns the application.

History: s. 2, ch. 28016, 1953; s. 1, ch. 63-181; ss. 12, 35, ch. 69-106; s. 2, ch. 70-263; s. 2, ch. 73-119; s. 3, ch. 76-168; s. 1, ch. 77-457; s. 1, ch. 79-144; ss. 9, 151, 152, ch. 80-260; s. 448, ch. 81-259; ss. 2, 3, ch. 81-318; ss. 15, 46, ch. 82-214; ss. 26, 58, ch. 85-82; s. 38, ch. 87-99; s. 8, ch. 89-229; s. 1, ch. 91-307; s. 1, ch. 92-303; s. 9, ch. 2001-243; s. 1763, ch. 2003-261; s. 4, ch. 2015-64.

## Nearby sections

- [Fla. Stat. § 658.12 658.12 Definitions.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXVIII_C658_S658.12.md)
- [Fla. Stat. § 658.16 658.16 Creation of banking or trust corporation.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXVIII_C658_S658.16.md)
- [Fla. Stat. § 658.19 658.19 Application for authority to organize a bank or trust company.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXVIII_C658_S658.19.md)
- [Fla. Stat. § 658.20 658.20 Investigation by office.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXVIII_C658_S658.20.md)
- [Fla. Stat. § 658.21 658.21 Approval of application; findings required.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXVIII_C658_S658.21.md)
- [Fla. Stat. § 658.22 658.22 Coordination with federal agencies.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXVIII_C658_S658.22.md)
- [Fla. Stat. § 658.23 658.23 Submission of articles of incorporation; contents; form; approval; filing; commencement of corporate existence; bylaws.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXVIII_C658_S658.23.md)
- [Fla. Stat. § 658.24 658.24 Organizational procedures.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXVIII_C658_S658.24.md)
- [Fla. Stat. § 658.25 658.25 Opening for business.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXVIII_C658_S658.25.md)
- [Fla. Stat. § 658.26 658.26 Places of transacting business; branches; facilities.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXVIII_C658_S658.26.md)
- [Fla. Stat. § 658.27 658.27 Control of bank or trust company; definitions and related provisions.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXVIII_C658_S658.27.md)
- [Fla. Stat. § 658.28 658.28 Acquisition of control of a bank or trust company.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXVIII_C658_S658.28.md)
- [Fla. Stat. § 658.30 658.30 Application of the Florida Business Corporation Act.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXVIII_C658_S658.30.md)
- [Fla. Stat. § 658.32 658.32 Annual meetings.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXVIII_C658_S658.32.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXVIII_C658_S658.19. Check the current official text before relying on it. Not legal advice.