{
  "body_html": "<h2>Location Operations and Change of Control</h2>\n<p>Control means holding 25% or more of the voting power in any class of voting securities. Any transaction that would give a person control requires written OFR approval before it is completed. Do not implement any ownership or personnel change affecting control until you have that written approval in hand.</p>\n<p>When a proposed transaction would cross the 25% threshold, you initiate the OFR change of control application. The application must include:</p>\n<ul>\n<li>Identity and background information for each incoming control person</li>\n<li>Description of the proposed transaction and resulting ownership structure</li>\n<li>Financial statements of the proposed acquirer</li>\n<li>Source of funds for the acquisition</li>\n<li>Disclosure of any affiliates or related entities</li>\n</ul>\n<p>Each incoming control person undergoes an OFR character, fitness, and financial responsibility review. You coordinate all document submission and respond to OFR information requests by the deadlines specified in the application instructions. Missing a deadline can delay or jeopardize approval.</p>\n<p>You notify the OFR of any new licensed location, address change, or closure. Submit the notification within 60 calendar days of the effective date of the change. Use the OFR's designated location notification form and include the applicable per-branch fee with each submission. Late notification is a compliance deficiency examiners will cite.</p>\n<p>Maintain a log of all location change filings. Record the submission date and OFR acknowledgment receipt for each filing. This log is your evidence of timely compliance during examination.</p>\n<p>Post the OFR license at each licensed location where customers can see it. Where a location holds multiple license types, display each license separately. Replace any license promptly upon renewal or reissuance. Confirm display compliance during your branch oversight reviews. A missing or outdated license is a violation examiners will cite.</p>\n<p>Display the OFR-required authorized vendor notice at each location's point of service, visible to customers. The notice confirms Advanced Compliance Technology, Inc.'s licensed status and informs customers of their rights under Florida law. Verify notice display at each location during periodic compliance reviews.</p>",
  "narration_text": "Control means holding 25% or more of the voting power in any class of voting securities. Any transaction that would give a person control requires written OFR approval before it is completed. Do not implement any ownership or personnel change affecting control until you have that written approval in hand.\r\n\r\nWhen a proposed transaction would cross the 25% threshold, you initiate the OFR change of control application. The application must include:\r\n\r\nIdentity and background information for each incoming control person\r\nDescription of the proposed transaction and resulting ownership structure\r\nFinancial statements of the proposed acquirer\r\nSource of funds for the acquisition\r\nDisclosure of any affiliates or related entities\r\n\r\nEach incoming control person undergoes an OFR character, fitness, and financial responsibility review. You coordinate all document submission and respond to OFR information requests by the deadlines specified in the application instructions. Missing a deadline can delay or jeopardize approval.\r\n\r\nYou notify the OFR of any new licensed location, address change, or closure. Submit the notification within 60 calendar days of the effective date of the change. Use the OFR's designated location notification form and include the applicable per-branch fee with each submission. Late notification is a compliance deficiency examiners will cite.\r\n\r\nMaintain a log of all location change filings. Record the submission date and OFR acknowledgment receipt for each filing. This log is your evidence of timely compliance during examination.\r\n\r\nPost the OFR license at each licensed location where customers can see it. Where a location holds multiple license types, display each license separately. Replace any license promptly upon renewal or reissuance. Confirm display compliance during your branch oversight reviews. A missing or outdated license is a violation examiners will cite.\r\n\r\nDisplay the OFR-required authorized vendor notice at each location's point of service, visible to customers. The notice confirms Advanced Compliance Technology, Inc.'s licensed status and informs customers of their rights under Florida law. Verify notice display at each location during periodic compliance reviews."
}