SELLERS OF TRAVEL ACT
SECURITY REDUCTION APPLICATION
1-800-HELP-FLA (435-7352) • 850-410-3800 Calling Outside Florida
www.800helpfla.com • 850-410-3804 Fax
In accordance with the provisions of Section 559.929, Florida Statutes, and any applicable rules, application is made by:
Name*:
Address:
City:
State:
Zip Code:
-
Telephone Number:
(
)
-
If applicant doing business under a fictitious name, please state of following:
Fictitious Name:
Date Filed with the Division of Corporations:
* If the business is a corporation, then “Name” is the legal name of the business as listed with the Division of Corporations. Name and
address must match the registration application as filed with the Department of Agriculture and Consumer Services AND the Division of
Corporations.
Date applicant began business operations at its present location, under its present ownership:
/
/
This business is (Please check one):
A ___________________ Corporation, and ( is / is not ) authorized to do business in Florida.
state of incorporation
A partnership (on a separate page list the names, addresses, and phone numbers of all partners, limited, and general)
A sole proprietorship
Pursuant to 559.929, F.S., the security amount shall be $25,000. A reduction may be granted according to the
following:
A business that has been in operation under the same ownership and control for at least one year, with gross
annual sales under $500,000, may request to reduce its security bond to $10,000.
A business that has been in operation under the same ownership and control for at least one year, with gross
annual sales between $500,000 and $1,000,000, may request to reduce its security to $15,000.
A business that has been in operation under the same ownership and control for at least one year, with gross
annual sales between $1,000,000 and $2,000,000, may request to reduce its security to $20,000.
A newly established business, or a business under new ownership may apply to reduce its security to $10,000.
“Newly established” means a business that has operated for less than one year.
Applicant therefore requests Security Reduction to:
$10,000
$15,000
$20,000
This request will not be considered unless accompanied by your most recent Federal tax return or an audited financial
statement for the immediately preceding fiscal year (not applicable if you are a newly established business).
Signature of Applicant
Title
Date
Please return application to:
FDACS
Terry Lee Rhodes Building
2005 Apalachee Parkway
Tallahassee, FL 32399-6500