FL H1091

Amends the definition of "related interest" in Florida banking law to clarify control thresholds for business organizations.

Clarifies that financial institutions may impose fees for check payment when the check is presented by the payee in person, while maintaining par settlement requirements for inter-institutional check transfers.

Creates Section 655.955 to provide that financial institutions are not civilly liable and cannot be sued by third parties solely based on extending loans or lines of credit to businesses or individuals.

Effective date is July 1, 2013.