Fla. Stat. 817.805
Disbursement of funds

Any person engaged in debt management or credit counseling services shall disburse to the appropriate creditors all funds received from a debtor, less any fees permitted by s. 817.802 and any creditor contributions, within 30 days after receipt of such funds. However, a creditor contribution may not reduce any sums to be credited to the account of a debtor making a payment to the credit counseling agency for further payment to the creditor. Further, any person engaged in such services shall maintain a separate trust account for the receipt of any funds from debtors and the disbursement of such funds on behalf of such debtors.

Source: Section 817.805 — Disbursement of funds, https://www.­flsenate.­gov/Laws/Statutes/2024/0817.­805 (accessed Aug. 7, 2025).

Current through Fall 2025

§ 817.805. Disbursement of funds's source at flsenate​.gov