reglab/statecodes huggingface dataset:
Florida Administrative Code › 69 - DEPARTMENT OF FINANCIAL SERVICES › 69O - OIR - Insurance Regulation › Chapter 69O-231 - PENALTY GUIDELINES FOR INSURANCE REPRESENTATIVES › Section 69O-231.160 - Aggravating/Mitigating Factors (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority 626.308 FS. Law Implemented
					 624.307(1), 626.611, 626.621, 626.631, 626.681, 626.9541
					 FS.
New 7-13-93, Formerly 4-231.160, Repealed
					 2-19-20.
Florida Administrative Code › 69 - DEPARTMENT OF FINANCIAL SERVICES › 69O - OIR - Insurance Regulation › Chapter 69O-235 - SALE OF NON-INSURANCE PRODUCTS BY INSURANCE REPRESENTATIVES › Section 69O-235.003 - Sale of Certificates of Deposit (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority 624.308(1) FS. Law Implemented 517.12,
					 624.307(1), 626.611, 626.621 FS.
New 1-16-03 Formerly 4-235.003, Repealed
					 2-19-20.
Florida Administrative Code › 69 - DEPARTMENT OF FINANCIAL SERVICES › 69O - OIR - Insurance Regulation › Chapter 69O-238 - PHARMACY BENEFIT MANAGERS › Section 69O-238.001 - Application and Renewal

Current through Reg. 50, No. 138; July 16, 2024
(1) An applicant for
				initial registration as a pharmacy benefit manager shall submit the following:
(a) A nonrefundable fee of $5.00;
(b) A copy of the applicant's corporate
				charter, articles of incorporation, or other charter document submitted
				electronically via the Office's iApply system at
https://www.floir.com/iportal
;
				and
(c) A completed Form
				OIR-C1-2209, Registration Form for Pharmacy Benefit Managers, effective 01/19,
				hereby incorporated by reference and available at
http://www.flrules.org/Gateway/reference.asp?No=Ref-10321
,
				submitted electronically via the Office's iApply system at
https://www.floir.com/iportal
.
Florida Administrative Code › 69 - DEPARTMENT OF FINANCIAL SERVICES › 69O - OIR - Insurance Regulation › Chapter 69O-238 - PHARMACY BENEFIT MANAGERS › Section 69O-238.002 - Change in Information

Current through Reg. 50, No. 138; July 16, 2024
Pursuant to section
				  624.490(3),
				  F.S., if the information required by section
				  624.490(2),
				  F.S., changes, the registrant shall file an amendment on the Form OIR-C1-2209,
				  Registration Form for Pharmacy Benefit Managers, effective 01/19, hereby
				  incorporated by reference and available at
http://www.flrules.org/Gateway/reference.asp?No=Ref-10321
,
				  submitted electronically via the Office's iApply system at
https://www.floir.com/iportal
within 60 days after the change occurs.
Rulemaking Authority 624.490(3), 624.490(6) FS. Law
					 Implemented 624.490 FS.
New 4-11-19.
Florida Administrative Code › 69 - DEPARTMENT OF FINANCIAL SERVICES › 69O - OIR - Insurance Regulation › Chapter 69O-239 - BAIL AND BONDS › Section 69O-239.001 - Power of Attorney

Current through Reg. 50, No. 138; July 16, 2024
(1) The Office shall
				approve the power of attorney form of an insurer to accompany an appearance
				bond posted at the jail that includes the following:
(a) The full name and address of the surety
				company issuing the power.
(b) A
				number that will be unique to each power issued.
(c) The maximum amount the power may be
				written.
(d) The date the power
				will become void.
(e) Sections that
				allow for the following information to be entered on each power:
1. Amount of the bail bond.
2. Name of the defendant.
3. Name of the court.
4. Case number.
5. Executing bail bond agent's
				name.
(f) If the form
				contains multiple copies, then the number of pages or copies to be a part of
				the form and the identity of each party to receive a part of the form. Examples
				include: defendant, court, clerk, insurer, bail bond agent.
(g) The limitations of the power. An example
				of a limitation of the power would be:
This power of attorney is for use with bail bonds for State,
				  County, and Municipal Courts only (not valid in Federal Court) and not to
				  exceed the above stated amount. This power must be filed with the court as a
				  permanent court record to obligate the surety, for court appearances only, of
				  the named Defendant. This power shall not obligate the surety for the
				  Defendant's future lawful conduct, court imposed conditions, restrictions, or
				  fines, costs, restitution or any other circumstances not specifically related
				  to court appearances. This power is void if its original format has been
				  altered, if it exceeds the maximum amount listed, is used with other (surety
				  name) powers to cover one bond amount, or is used by an individual who is not
				  authorized to execute surety bonds on behalf of (surety name).
(h) A company statement appointing the
				licensed bail bond agent as attorney-in-fact for the insurer. An example of an
				acceptable appointing statement would be:
Know all men by these presents that (surety company), a
				  corporation duly organized and existing under the laws of the State of XXXX,
				  does constitute and appoint the below named executing agent as its true and
				  lawful Attorney-in-Fact in its name, place and stead to execute, seal and
				  deliver for and on its behalf, a surety bail bond for the named
				  Defendant.
(i) A signature
				statement from an official of the insurer. An example of an acceptable
				signature statement would be:
In witness whereof, (surety company) has caused this
				  instrument to be signed and sealed by its duly authorized
				  officer.
(j) Corporate seal
				of the insurer.
Florida Administrative Code › 69 - DEPARTMENT OF FINANCIAL SERVICES › 69O - OIR - Insurance Regulation › Chapter 69O-240 - SHARED SAVINGS PROGRAM › Section 69O-240.001 - Shared Savings Program Requirements

Current through Reg. 50, No. 138; July 16, 2024
(1) A health insurer or health maintenance
				organization that wants to implement a shared savings program shall submit the
				following:
(a) Form OIR-B2-2214, "Shared
				Savings Program Description," effective 9/19, hereby incorporated by reference
				and available at
http://www.flrules.org/Gateway/reference.asp?No=Ref-11554
;
(b) Form OIR-B2-2215, "Shared Savings Program
				Policy Template," effective 9/19, hereby incorporated by reference and
				available at
http://www.flrules.org/Gateway/reference.asp?No=Ref-11555
;
				and
(c) Form OIR-B2-2216, "Shared
				Savings Program Rates Template," effective 9/19, hereby incorporated by
				reference and available at
http://www.flrules.org/Gateway/reference.asp?No=Ref-11556
.
Florida Administrative Code › 69 - DEPARTMENT OF FINANCIAL SERVICES › 69O - OIR - Insurance Regulation › Chapter 69O-240 - SHARED SAVINGS PROGRAM › Section 69O-240.002 - Annual Report

Current through Reg. 50, No. 138; July 16, 2024
A health insurer or health maintenance organization offering
				  a shared savings program shall file Form OIR-B2-2217 with the Office
				  electronically through http://www.floir.com/iportal within 90 business days
				  after the close of each plan year. Form OIR-B2-2217, "Shared Savings Program
				  Annual Report," effective 9/19, is hereby incorporated by reference and
				  available at
http://www.flrules.org/Gateway/reference.asp?No=Ref-11557
.
Rulemaking Authority 624.308(1),
					 627.6387 (5),
					 627.6648 (5), 641.31076(5) FS.
					 Law Implemented 627.6387, 627.6648,
					 641.31076
					 FS.
New 3-5-20.
Florida Administrative Code › 69 - DEPARTMENT OF FINANCIAL SERVICES › 69P - Residual Markets and Special Risk Pools › Chapter 69P-1 - WINDSTORM COVERAGE › Section 69P-1.001 - Plan of Operation and Articles of Agreement Adopted (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority 624.308(1), 627.351(2) FS. Law
					 Implemented 624.307(1), 627.351(2) FS.
New 6-29-83, Formerly 4-49.01, Amended 9-7-88, 10-18-90,
					 Formerly 4-49.001, Amended 11-20-95, 12-5-96, 11-19-97, 1-8-01, Formerly
					 4J-1.001, Repealed 7-3-22.
Florida Administrative Code › 69 - DEPARTMENT OF FINANCIAL SERVICES › 69P - Residual Markets and Special Risk Pools › Chapter 69P-1 - WINDSTORM COVERAGE › Section 69P-1.002 - Assessment Base Determination (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority 624.308 FS. Law Implemented
					 624.307(1), 627.351(2)(b) FS.
New 11-20-95, Formerly 4J-1.002, Repealed
					 7-3-22.
Florida Administrative Code › 69 - DEPARTMENT OF FINANCIAL SERVICES › 69P - Residual Markets and Special Risk Pools › Chapter 69P-1 - WINDSTORM COVERAGE › Section 69P-1.011 - Purpose (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority 627.351(4) FS. Law Implemented
					 627.351(4)(d) FS.
New 7-17-80, Formerly 4-50.01, 4-50.001, 4J-1.011, Repealed
					 7-3-22.
Florida Administrative Code › 69 - DEPARTMENT OF FINANCIAL SERVICES › 69P - Residual Markets and Special Risk Pools › Chapter 69P-1 - WINDSTORM COVERAGE › Section 69P-1.012 - Definitions (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority 627.351(4) FS. Law Implemented
					 627.351(4)(d) FS.
New 7-17-80, Formerly 4-50.02, 4-50.002, 4J-1.012, Repealed
					 7-3-22.
Florida Administrative Code › 69 - DEPARTMENT OF FINANCIAL SERVICES › 69P - Residual Markets and Special Risk Pools › Chapter 69P-1 - WINDSTORM COVERAGE › Section 69P-1.013 - Time for Filing; Content (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority 627.351(4) FS. Law Implemented
					 627.351(4)(d) FS.
New 7-17-80, Formerly 4-50.03, 4-50.003, 4J-1.013, Repealed
					 7-3-22.
Florida Administrative Code › 69 - DEPARTMENT OF FINANCIAL SERVICES › 69P - Residual Markets and Special Risk Pools › Chapter 69P-1 - WINDSTORM COVERAGE › Section 69P-1.014 - Test for Deferment (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority 627.351(4) FS. Law Implemented
					 627.351(4)(d) FS.
New 7-17-80, Formerly 4-50.04, 4-50.004, 4J-1.014, Repealed
					 7-3-22.
Florida Administrative Code › 69 - DEPARTMENT OF FINANCIAL SERVICES › 69P - Residual Markets and Special Risk Pools › Chapter 69P-1 - WINDSTORM COVERAGE › Section 69P-1.015 - Conditions to Deferred Assessment (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority 627.351(4) FS. Law Implemented
					 627.351(4)(d) FS.
New 7-17-80, Formerly 4-50.05, 4-50.005, 4J-1.015, Repealed
					 7-3-22.
Florida Administrative Code › 69 - DEPARTMENT OF FINANCIAL SERVICES › 69P - Residual Markets and Special Risk Pools › Chapter 69P-1 - WINDSTORM COVERAGE › Section 69P-1.016 - Restrictions (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority 627.351(4) FS. Law Implemented
					 627.351(4)(d) FS.
New 7-17-80, Formerly 4-50.06, 4-50.006, 4J-1.016, Repealed
					 7-3-22.
Florida Administrative Code › 69 - DEPARTMENT OF FINANCIAL SERVICES › 69P - Residual Markets and Special Risk Pools › Chapter 69P-1 - WINDSTORM COVERAGE › Section 69P-1.017 - Effect on Deferred Assessment (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority 627.351(4) FS. Law Implemented
					 627.351(4)(d) FS.
New 7-17-80, Formerly 4-50.07, 4-50.007, 4J-1.017, Repealed
					 7-3-22.
Florida Administrative Code › 69 - DEPARTMENT OF FINANCIAL SERVICES › 69P - Residual Markets and Special Risk Pools › Chapter 69P-1 - WINDSTORM COVERAGE › Section 69P-1.018 - Payments on Surplus Note (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority 627.351(4) FS. Law Implemented
					 627.351(4)(d) FS.
New 7-17-80, Formerly 4-50.08, 4-50.008, 4J-1.018, Repealed
					 7-3-22.
Florida Administrative Code › 69 - DEPARTMENT OF FINANCIAL SERVICES › 69P - Residual Markets and Special Risk Pools › Chapter 69P-1 - WINDSTORM COVERAGE › Section 69P-1.019 - Terms of Surplus Note (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority 627.351(4) FS. Law Implemented
					 627.351(4)(d) FS.
New 7-17-80, Formerly 4-50.09, 4-50.009, 4J-1.019, Repealed
					 7-3-22.
Florida Administrative Code › 69 - DEPARTMENT OF FINANCIAL SERVICES › 69P - Residual Markets and Special Risk Pools › Chapter 69P-2 - FLORIDA PROPERTY AND CASUALTY JOINT UNDERWRITING PLAN › Section 69P-2.001 - Purpose (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority 624.308(1), 627.351(5) FS. Law
					 Implemented 624.307(1), 627.351(5) FS.
New 8-13-89, Formerly 4-87.001, 4J-2.001, Amended 11-21-06,
					 Repealed 10-1-08.
Florida Administrative Code › 69 - DEPARTMENT OF FINANCIAL SERVICES › 69P - Residual Markets and Special Risk Pools › Chapter 69P-2 - FLORIDA PROPERTY AND CASUALTY JOINT UNDERWRITING PLAN › Section 69P-2.002 - Adoption of Property and Casualty Risk Apportionment Plan (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority 624.308(1), 627.351(5) FS. Law
					 Implemented 624.307(1), 627.351(5) FS.
New 8-13-89, Amended 8-18-91, Formerly 4-87.002, Amended
					 10-9-94, 5-26-96, Formerly 4J-2.002, Amended 11-21-06, Repealed
					 10-1-08.
Florida Administrative Code › 69 - DEPARTMENT OF FINANCIAL SERVICES › 69P - Residual Markets and Special Risk Pools › Chapter 69P-5 - UNAUTHORIZED INSURERS AND SURPLUS LINES › Section 69P-5.002 - Private Passenger Automobile Physical Damage Insurance (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority 624.308 FS. Law Implemented
					 624.307(1), 626.914(4), 626.916, 626.924, 626.930
					 FS.
New 3-10-92, Formerly 4-11.003, 4J-5.002, Repealed
					 4-18-17.
Florida Administrative Code › 69 - DEPARTMENT OF FINANCIAL SERVICES › 69P - Residual Markets and Special Risk Pools › Chapter 69P-5 - UNAUTHORIZED INSURERS AND SURPLUS LINES › Section 69P-5.003 - Statement of Diligent Effort (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority 624.308, 626.916(2) FS. Law
					 Implemented 624.307(1), 626.913(2), 626.916(1)(a), 626.930(1)
					 FS.
New 10-1-91, Formerly 4-11.005, Amended 8-28-94, Formerly
					 4J-5.003, Repealed 4-18-17.
Florida Administrative Code › 69 - DEPARTMENT OF FINANCIAL SERVICES › 69P - Residual Markets and Special Risk Pools › Chapter 69P-5 - UNAUTHORIZED INSURERS AND SURPLUS LINES › Section 69P-5.004 - Quarterly Report Required (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority 624.308(1) FS. Law Implemented
					 624.307(1), 626.914(4), 626.916(1), 626.929(1), 626.931
					 FS.
New 5-15-90, Amended 4-1-91, Formerly 4-11.006, 4J-5.004,
					 Repealed 4-18-17.
Florida Administrative Code › 69 - DEPARTMENT OF FINANCIAL SERVICES › 69P - Residual Markets and Special Risk Pools › Chapter 69P-5 - UNAUTHORIZED INSURERS AND SURPLUS LINES › Section 69P-5.005 - Report and Tax of Independently Procured Coverages (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority 624.308(1) FS. Law Implemented
					 624.307(1), 626.938, 627.944(3), 627.949(1)
					 FS.
New 5-15-90, Formerly 4-11.007, 4J-5.005, Repealed
					 4-18-17.
Florida Administrative Code › 69 - DEPARTMENT OF FINANCIAL SERVICES › 69P - Residual Markets and Special Risk Pools › Chapter 69P-5 - UNAUTHORIZED INSURERS AND SURPLUS LINES › Section 69P-5.006 - Surplus Lines Insurers: Quarterly and Annual Reporting Requirements (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority 624.308(1) FS. Law Implemented
					 624.307(1), 626.916, 626.931 FS.
New 6-12-94, Formerly 4J-5.006, Repealed
					 4-18-17.
Florida Administrative Code › 69 - DEPARTMENT OF FINANCIAL SERVICES › 69P - Residual Markets and Special Risk Pools › Chapter 69P-5 - UNAUTHORIZED INSURERS AND SURPLUS LINES › Section 69P-5.008 - Surplus Lines Surplus Requirement Election Form (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority 626.918(2)(d)4. FS. Law Implemented
					 626.918 FS.
New 4-26-98, Formerly 4J-5.008, Repealed
					 4-18-17.
Florida Administrative Code › 69 - DEPARTMENT OF FINANCIAL SERVICES › 69P - Residual Markets and Special Risk Pools › Chapter 69P-5 - UNAUTHORIZED INSURERS AND SURPLUS LINES › Section 69P-5.012 - Prohibitions (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority 624.308 FS. Law Implemented
					 624.307(1), 626.621(7), 626.914, 626.915, 626.916, 627.736(1)
					 FS.
New 7-6-94, Formerly 4-176.012, 4J-5.012, Repealed
					 4-18-17.
Florida Administrative Code › 69 - DEPARTMENT OF FINANCIAL SERVICES › 69T - Office of Financial Regulation › Chapter 69T-1 - ORGANIZATIONAL STRUCTURE OF THE OFFICE OF FINANCIAL REGULATION › Section 69T-1.001 - Organizational Structure

Current through Reg. 50, No. 138; July 16, 2024
(1) The following
				organizational units are established in the Office of Financial Regulation:
(a) Office of Inspector General;
(b) Office of General Counsel;
(c) Division of Financial Institutions, which
				shall include the following bureaus:
1.
				Bureau of Bank Regulation,
2.
				Bureau of Credit Union Regulation.
(d) Division of Securities, which shall
				include the following bureaus:
1. Bureau of
				Enforcement;
2. Bureau of
				Registration.
(e)
				Division of Consumer Finance, which shall include the following bureaus:
1. Bureau of Enforcement;
2. Bureau of
				Registration.
(f) Bureau
				of Financial Investigations as required by section 20.121(3)(a)2.,
				F.S.
(g) Office of
				Communications.
Florida Administrative Code › 69 - DEPARTMENT OF FINANCIAL SERVICES › 69T - Office of Financial Regulation › Chapter 69T-8 - INDEXING AGENCY ORDERS › Section 69T-8.001 - Authority (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority 494.0011(2), 516.23(3), 517.03(1),
					 520.994(5), 537.016(3), 560.105(2), 655.012(2) FS. Law Implemented
					 120.53
					 FS.
New 10-26-92, Formerly 3-8.001, Amended 5-15-07, Repealed
					 2-15-23.
Florida Administrative Code › 69 - DEPARTMENT OF FINANCIAL SERVICES › 69T - Office of Financial Regulation › Chapter 69T-8 - INDEXING AGENCY ORDERS › Section 69T-8.002 - Purpose (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority 288.99(14)(b), 494.0011(2), 516.23(3),
					 517.03(1), 520.994(5), 537.016(3), 560.105(2), 655.012(2) FS. Law Implemented
					 120.53
					 FS.
New 10-26-92, Formerly 3-8.002, Amended 5-15-07, Repealed
					 7-30-12.
Florida Administrative Code › 69 - DEPARTMENT OF FINANCIAL SERVICES › 69T - Office of Financial Regulation › Chapter 69T-8 - INDEXING AGENCY ORDERS › Section 69T-8.003 - Public Inspection and Duplication (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority 120.533(1)(f) FS. Law Implemented
					 119.07, 120.53(2)-(4) FS.
New 10-26-92, Formerly 3-8.003, Repealed
					 5-15-07.
Florida Administrative Code › 69 - DEPARTMENT OF FINANCIAL SERVICES › 69T - Office of Financial Regulation › Chapter 69T-8 - INDEXING AGENCY ORDERS › Section 69T-8.004 - Final Orders Required to be Indexed (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority 494.0011(2), 516.23(3), 517.03(1),
					 520.994(5), 537.016(3), 560.105(2), 655.012(2) FS. Law Implemented
					 120.53
					 FS.
New 10-26-92, Formerly 3-8.004, Amended 5-15-07, Repealed
					 2-15-23.
Florida Administrative Code › 69 - DEPARTMENT OF FINANCIAL SERVICES › 69T - Office of Financial Regulation › Chapter 69T-8 - INDEXING AGENCY ORDERS › Section 69T-8.005 - Listing of Final Orders (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority 120.533(1)(f) FS. Law Implemented
					 120.53(2)-(4) FS.
New 10-26-92, Formerly 3-8.005, Repealed
					 5-15-07.
Florida Administrative Code › 69 - DEPARTMENT OF FINANCIAL SERVICES › 69T - Office of Financial Regulation › Chapter 69T-8 - INDEXING AGENCY ORDERS › Section 69T-8.006 - Numbering of Final Orders (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority 494.0011(2), 516.23(3), 517.03(1),
					 520.994(5), 537.016(3), 560.105(2), 655.012(2) FS. Law Implemented
					 120.53
					 FS.
New 10-26-92, Formerly 3-8.006, Amended 5-15-07, Repealed
					 2-15-23.
Florida Administrative Code › 69 - DEPARTMENT OF FINANCIAL SERVICES › 69T - Office of Financial Regulation › Chapter 69T-8 - INDEXING AGENCY ORDERS › Section 69T-8.007 - System for Indexing Final Orders (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority 494.0011(2), 516.23(3), 517.03(1),
					 520.994(5), 537.016(3), 560.105(2), 655.012(2) FS. Law Implemented
					 288.99(14)(b),
					 494.0011(2),
					 516.23(3),
					 520.994(5),
					 537.016(3),
					 655.012(2)
					 FS.
New 10-26-92, Formerly 3-8.007, Amended 5-15-07, Repealed
					 2-15-23.
Florida Administrative Code › 69 - DEPARTMENT OF FINANCIAL SERVICES › 69T - Office of Financial Regulation › Chapter 69T-8 - INDEXING AGENCY ORDERS › Section 69T-8.008 - Maintenance of Records (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority 494.0011(2), 516.23(3), 517.03(1),
					 520.994(5), 537.016(3), 560.105(2), 655.012(2) FS. Law Implemented
					 120.53
					 FS.
New 10-26-92, Formerly 3-8.008, Amended 5-15-07, Repealed
					 2-15-23.
Florida Administrative Code › 69 - DEPARTMENT OF FINANCIAL SERVICES › 69T - Office of Financial Regulation › Chapter 69T-8 - INDEXING AGENCY ORDERS › Section 69T-8.009 - Accessibility of Final Orders (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority 494.0011(2), 516.23(3), 517.03(1),
					 520.994(5), 537.016(3), 560.105(2), 655.012(2) FS. Law Implemented
					 120.53
					 FS.
New 10-26-92, Formerly 3-8.009, Amended 5-15-07, Repealed
					 2-15-23.
Florida Administrative Code › 69 - DEPARTMENT OF FINANCIAL SERVICES › 69U - FSC - Financial Institution Regulation › Chapter 69U-100 - FINANCIAL INSTITUTIONS GENERALLY › Section 69U-100.002 - Scope (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority 120.53(1)(a), 655.012(3) FS. Law
					 Implemented 655.071 FS.
New 1-24-82, Formerly 3C-17.01, 3C-17.001, 3C-100.002,
					 Repealed 1-18-21.
Florida Administrative Code › 69 - DEPARTMENT OF FINANCIAL SERVICES › 69U - FSC - Financial Institution Regulation › Chapter 69U-100 - FINANCIAL INSTITUTIONS GENERALLY › Section 69U-100.003 - Definitions

Current through Reg. 50, No. 138; July 16, 2024
For purposes of Rule
				  69U-100.004, F.A.C., the
				  following definitions apply:
(1)
				"International banking facility deposit," or "IBF time deposit," means a
				deposit, placement, borrowing or similar obligation represented by a promissory
				note, acknowledgement of advance, or similar instrument that is not issued in
				negotiable or bearer form and which can be in currencies other than U.S.
				dollars; and,
(a)
1. That must remain on deposit at the IBF at
				least overnight; and,
2. That is
				issued to:
a. Any office located outside the
				United States of another depository institution organized under the laws of the
				United States or of an Edge or Agreement Corporation;
b. Any office located outside the United
				States of a foreign bank;
c. A
				United States office or a non-United States office of the entity establishing
				the IBF;
d. Another IBF;
				or
e. A foreign national
				government, or an agency or instrumentality thereof (other than states,
				provinces, municipalities, or other regional or local governmental units or
				agencies or instrumentalities thereof) engaged principally in activities which
				are ordinarily performed in the United States by governmental entities; an
				international entity of which the United States is a member; or any other
				foreign, international or supranational entity specifically designated by the
				Federal Reserve Board as exempt from
				12 C.F.R. §
													204.125 (1-1-2020 Edition),
http://www.flrules.org/Gateway/reference.asp?No=Ref-12641
,
				adopted and incorporated herein by reference and also available at the OFR's
				website at
www.flofr.gov
;
				or
Florida Administrative Code › 69 - DEPARTMENT OF FINANCIAL SERVICES › 69U - FSC - Financial Institution Regulation › Chapter 69U-100 - FINANCIAL INSTITUTIONS GENERALLY › Section 69U-100.004 - Notification

Current through Reg. 50, No. 138; July 16, 2024
(1) At least 14 days prior to establishing an
				International Banking Facility, a state chartered or state licensed banking
				organization shall notify the Office of Financial Regulation (OFR) of its
				intent.
(2) Such notification shall
				include a statement of intention by the banking organization that it will
				comply with the Financial Services Commission rules pertaining to International
				Banking Facilities and Federal International Banking Facility regulations
				concerning restrictions on sources and uses of funds, recordkeeping, and
				accounting requirements.
Notification shall be sent by U.S. Mail or Email to:
Director, Division of Financial Institutions
Office of Financial Regulation
200 East Gaines Street
Tallahassee, Florida 32399-0371
OFRFinancialInstitutions@flofr.com
Rulemaking Authority 655.012(2), 655.071(3) FS. Law
					 Implemented 655.071(3) FS.
New 4-25-85, Formerly 3C-17.03, 3C-17.003, 3C-100.004,
					 Amended 1-18-21.
Florida Administrative Code › 69 - DEPARTMENT OF FINANCIAL SERVICES › 69U - FSC - Financial Institution Regulation › Chapter 69U-100 - FINANCIAL INSTITUTIONS GENERALLY › Section 69U-100.005 - Florida Control of Money Laundering and Terrorist Financing in Financial Institutions

Current through Reg. 50, No. 138; July 16, 2024
(1) Requirement to
				Report Currency Transactions:
(a) Every
				financial institution shall file a report with the Office of Financial
				Regulation (OFR) of each financial transaction occuring in the state known to
				the financial institution which involves currency or other monetary instrument
				that:
1. Has a value greater than
				$10,000;
2. Involves the proceeds
				of racketeering activity as that term is defined in section
				895.02, F.S.; or
3. Is designed to evade the reporting
				requirements of section
				655.50, F.S., chapter 896, F.S.,
				or similar state or federal law.
Florida Administrative Code › 69 - DEPARTMENT OF FINANCIAL SERVICES › 69U - FSC - Financial Institution Regulation › Chapter 69U-100 - FINANCIAL INSTITUTIONS GENERALLY › Section 69U-100.03852 - Disapproval of Directors or Executive Officers

Current through Reg. 50, No. 138; July 16, 2024
(1) Section
				655.0385, F.S., requires state
				financial institutions to notify OFR of the proposed appointment of any
				individual to the board of directors or the employment of any individual as an
				executive officer, or equivalent position, 60 days before such appointment or
				employment becomes effective, if the applying financial institution:
(a) Has been chartered for less than 2
				years;
(b) Has undergone a change
				in control or conversion within the preceding 2 years;
(c) Is not in compliance with the minimum
				capital requirements applicable to such financial institution; or
(d) Is otherwise operating in an unsafe or
				unsound condition, as determined by OFR, on the basis of such financial
				institution's most recent report of condition or report of
				examination.
Florida Administrative Code › 69 - DEPARTMENT OF FINANCIAL SERVICES › 69U - FSC - Financial Institution Regulation › Chapter 69U-100 - FINANCIAL INSTITUTIONS GENERALLY › Section 69U-100.045 - Examination Manuals and Referenced Standards

Current through Reg. 50, No. 138; July 16, 2024
The OFR uses the examination manuals referenced by this rule
				  in the implementation of its examination responsibilities. The OFR examiners
				  use these manuals as reference guidelines when conducting safety and soundness
				  examinations of financial institutions. The material incorporated by reference
				  in this rule may also be obtained from the OFR's website at
www.flofr.gov
. The following manuals are
				  hereby incorporated by reference into the body of printed materials that the
				  OFR uses for the purposes of conducting examinations of financial institutions
				  to assess the performance and condition of such institutions:
(1) Federal Financial Institutions
				Examination Council, Bank Secrecy Act/Anti-Money Laundering Examination Manual
				(4/2020), accessible at
http://www.flrules.org/Gateway/reference.asp?No=Ref-12617
.
(2) Federal Deposit Insurance Corporation,
				RMS Manual of Examination Policies (8/2020), accessible at
http://www.flrules.org/Gateway/reference.asp?No=Ref-12618
.
(3) Federal Deposit Insurance Corporation,
				Trust Examination Manual (2018), accessible at
http://www.flrules.org/Gateway/reference.asp?No=Ref-09662
.
(4) National Credit Union Administration,
				Examiner's Guide (5/2018), accessible at
http://www.flrules.org/Gateway/reference.asp?No=Ref-09670
.
(5) Office of Financial Regulation, State
				Credit Union Examination Manual (11/3/2014), accessible at
https://www.flrules.org/Gateway/reference.asp?No=Ref-05585
.
(6) The Federal Reserve Board's Examination
				Manual for U.S. Branches and Agencies of Foreign Banking organizations
				(9/1997), accessible at
https://www.flrules.org/Gateway/reference.asp?No=Ref-055816
.
(7) Federal Financial Institutions
				Examination Council, Information Technology Examination Handbook, Information
				Security (9/2016), accessible at
http://www.flrules.org/Gateway/reference.asp?No=Ref-12619
.
(8) Federal Financial Institutions
				Examination Council, Cybersecurity Assessment Tool (5/2017), accessible at
http://www.flrules.org/Gateway/reference.asp?No=Ref-12620
.
Rulemaking Authority 655.012(2) FS. Law Implemented 655.045
					 FS.
New 10-24-93, Formerly 3C-1.015, Amended 1-2-95, 6-4-95,
					 5-22-96, Formerly 3C-100.045, Amended 9-2-10, 7-27-15, 12-9-15, 9-11-18,
					 1-18-21.
Florida Administrative Code › 69 - DEPARTMENT OF FINANCIAL SERVICES › 69U - FSC - Financial Institution Regulation › Chapter 69U-100 - FINANCIAL INSTITUTIONS GENERALLY › Section 69U-100.0451 - Unsafe and Unsound Examination Fees

Current through Reg. 50, No. 138; July 16, 2024
(1) In making a determination to assess any
				costs pursuant to Section
				655.045(1)(c),
				F.S., OFR must consider the size and condition of the financial institution,
				the gravity of the violation, the prior conduct of the person(s) and
				institution involved, the time elapsed between the last state examinations, and
				the extent to which a material improvement has occurred in the condition of the
				financial institution, subsidiary, or service corporation, including, but not
				limited to, a change in ownership or management, or infusion of additional
				capital.
(2) OFR shall give notice
				to the financial institution, subsidiary, service corporation, or affiliate of
				the costs incurred. The notification shall contain the notice of opportunity
				for a hearing pursuant to Sections
				120.569 and
				120.57, F.S. A request for
				hearing must be received by OFR within 21 days of receipt of such notification
				by the financial institution. If the financial institution, subsidiary, service
				corporation, or affiliate does not timely request a hearing, mailing of the
				payment of the costs incurred must be postmarked not later than 30 days after
				the date of receipt of the notification that such costs are due.
(3) OFR shall levy a late payment of $100 per
				day or part thereof that payment of the costs incurred is overdue, unless it is
				excused for good cause due to incidental and isolated clerical omissions or
				other minor errors.
(4) If the
				financial institution, subsidiary, service corporation, or affiliate timely
				requests a hearing on the notification pursuant to Sections
				120.569 and
				120.57, F.S., no fines for late
				payment of the costs incurred shall begin to accrue until 31 days after
				issuance of a final administrative order requiring payment of costs incurred or
				the exhaustion of all judicial appeals, whichever occurs later. Failure to
				remit payment on the 31st day shall constitute intentional late payment, and
				OFR shall levy an administrative fine of $1,000 per day for each day the
				payment of costs incurred is overdue.
Rulemaking Authority 655.012(2) FS. Law Implemented
					 655.045(1) FS.
New 6-11-96, Formerly 3C-100.0451, Amended
					 1-18-21.
Florida Administrative Code › 69 - DEPARTMENT OF FINANCIAL SERVICES › 69U - FSC - Financial Institution Regulation › Chapter 69U-100 - FINANCIAL INSTITUTIONS GENERALLY › Section 69U-100.057 - Public Records Requests

Current through Reg. 50, No. 138; July 16, 2024
This rule contains information concerning requests for access
				  to public records regarding failed state financial institutions.
(1) As used in this rule, the following
				definitions shall apply:
(a) "Examination
				reports" means a Report of Examination conducted and prepared by OFR, pursuant
				to Section 655.045(1)(a),
				F.S. "Examination report" does not include reports of examination prepared by
				any other state or appropriate federal regulatory agency, unless the department
				has received prior approval from such agency to release its examination
				reports. Any request to produce reports of examination conducted by any other
				state or federal regulatory agency (except those examination reports for which
				OFR has received prior approval to release) shall be made directly to such
				other state or federal agency.
(b)
				"Failed state financial institution" means a state financial institution that
				has been declared by OFR to be insolvent and a receiver, liquidator or
				conservator has been appointed to wind up the affairs of the state financial
				institution.
(c) "Operation
				reports" means any audit report submitted to OFR pursuant to Section
				655.045(1)(e),
				F.S.
Florida Administrative Code › 69 - DEPARTMENT OF FINANCIAL SERVICES › 69U - FSC - Financial Institution Regulation › Chapter 69U-100 - FINANCIAL INSTITUTIONS GENERALLY › Section 69U-100.067 - Subsidiaries Holding Institution-authorized Assets

Current through Reg. 50, No. 138; July 16, 2024
Investments by a state-chartered bank, association, savings
				  bank or international agency in subsidiary corporations that do not conduct
				  active operations directly with the public and that only hold assets the
				  institution may acquire or invest in directly, except for other subsidiary
				  organizations, shall not be limited. However, individual investments, loans or
				  assets owned by such a subsidiary corporation, when combined with other
				  investments, loans and assets of the same issuer, obligor, entity, person or
				  source owned by the institution and its other subsidiary corporations, shall
				  not exceed the applicable limitations of law on investments in or loans to the
				  same issuer, obligor, entity, person or asset. To be eligible for the exemption
				  of this rule, any such subsidiary corporation must be wholly owned by the state
				  financial institution, except in the case of a subsidiary that qualifies as a
				  real estate investment trust under the Internal Revenue Code of the United
				  States of America, in which case the subsidiary may have such additional
				  shareholders as are needed to qualify for such status, provided none of the
				  additional shareholders has control of the subsidiary.
Rulemaking Authority 655.012(3), 658.67(11) FS. Law
					 Implemented 658.67(11) FS.
New 6-26-00, Formerly
					 3C-100.067.
Florida Administrative Code › 69 - DEPARTMENT OF FINANCIAL SERVICES › 69U - FSC - Financial Institution Regulation › Chapter 69U-100 - FINANCIAL INSTITUTIONS GENERALLY › Section 69U-100.100 - Authority, Purpose, and Scope

Current through Reg. 50, No. 138; July 16, 2024
(1)
				Financial institutions may offer debt cancellation products, and charge fees
				for such products, in connection with the loans, leases, and similar extensions
				of credit made by the financial institutions, pursuant to sections
				655.947 and
				655.954, F.S., and the rules and
				orders of the Commission and the Office.
(2) Rules
				69U-100.100 through
				69U-100.106, F.A.C., set forth
				the standards that apply to debt cancellation products offered by financial
				institutions. The purpose of these standards is to ensure that financial
				institutions offer debt cancellation products consistent with safe and sound
				financial institution practices, and subject to appropriate consumer
				protection.
(3) Rules
				69U-100.100 through
				69U-100.106, F.A.C., apply to
				all contracts and agreements for debt cancellation products entered into by
				financial institutions in connection with extensions of credit they make,
				purchase, or assume.
Rulemaking Authority 655.012(2), 655.947(3) FS. Law
					 Implemented 655.947, 655.954 FS.
New 12-2-08.
Florida Administrative Code › 69 - DEPARTMENT OF FINANCIAL SERVICES › 69U - FSC - Financial Institution Regulation › Chapter 69U-100 - FINANCIAL INSTITUTIONS GENERALLY › Section 69U-100.101 - Definitions Concerning Debt Cancellation Products

Current through Reg. 50, No. 138; July 16, 2024
For the purposes of rules
				  69U-100.100 through
				  69U-100.106, F.A.C., the
				  following definitions apply:
(1)
				"Actuarial method" means the system of allocating payments made on a debt
				between the amount financed and the finance charge pursuant to which a payment
				is applied first to the accumulated finance charge and any remainder is
				subtracted from, or any deficiency is added to, the unpaid balance of the
				amount financed.
(2) "Closed-end
				credit" means consumer credit other than open-end credit as defined in these
				rules.
(3) "Customer" means an
				individual who obtains an extension of credit from a financial institution
				primarily for personal, family, or household purposes.
(4) "Debt cancellation products" shall have
				same meaning as defined in section
				655.005(1),
				F.S.
(5) "Debt suspension
				agreement" means a loan or lease term, or other contractual arrangement
				modifying loan or lease terms, under which a financial institution agrees to
				suspend all or part of a customer's obligation to repay an extension of credit
				from that financial institution upon the occurrence of a specified event. The
				agreement may be separate from, or a part of, other loan or lease documents.
				The term debt suspension agreement does not include loan or lease payment
				deferral arrangements in which the triggering event is the borrower's
				unilateral election to defer repayment, or the financial institution's
				unilateral decision to allow a deferral of repayment.
(6) "Financial institution" shall have the
				same meaning as defined in section
				655.947, F.S.
(7) "Open-end credit" means consumer credit
				extended by a financial institution under a plan in which:
(a) The financial institution reasonably
				contemplates repeated transactions;
(b) The financial institution may impose a
				finance charge from time to time on an outstanding unpaid balance;
				and,
(c) The amount of the credit
				that may be extended to the customer during the term of the plan (up to any
				limit set by the financial institution) is generally made available to the
				extent that any outstanding balance is repaid.
Florida Administrative Code › 69 - DEPARTMENT OF FINANCIAL SERVICES › 69U - FSC - Financial Institution Regulation › Chapter 69U-100 - FINANCIAL INSTITUTIONS GENERALLY › Section 69U-100.102 - Prohibited Practices

Current through Reg. 50, No. 138; July 16, 2024
(1) A financial
				institution may not extend credit nor alter the terms or conditions of an
				extension of credit conditioned upon the customer entering into a debt
				cancellation product with the financial institution.
(2) A financial institution may not engage in
				any practice or use an advertisement that could mislead or otherwise cause a
				reasonable person to reach an erroneous belief with respect to information that
				must be disclosed under rules
				69U-100.101 through
				69U-100.106, F.A.C.
(3) A financial institution may not offer
				debt cancellation products that contain terms:
(a) Giving the financial institution the
				right unilaterally to modify the debt cancellation product unless:
1. The modification is more favorable to the
				customer and made without additional charge to the customer; or
2. The customer is notified of any proposed
				change and is provided a reasonable opportunity to cancel the debt cancellation
				product without penalty before the change goes into effect.
Florida Administrative Code › 69 - DEPARTMENT OF FINANCIAL SERVICES › 69U - FSC - Financial Institution Regulation › Chapter 69U-100 - FINANCIAL INSTITUTIONS GENERALLY › Section 69U-100.103 - Refunds

Current through Reg. 50, No. 138; July 16, 2024
(1) If a debt cancellation product is
				terminated (including, for example, when the customer prepays the covered
				loan), the financial institution shall refund to the customer any unearned fees
				paid for the debt cancellation product unless the debt cancellation product
				provides otherwise. A financial institution may offer a customer a debt
				cancellation product that does not provide for a refund only if the financial
				institution also offers that customer a bona fide option to purchase a
				comparable debt cancellation product that provides for a refund.
(2) The financial institution shall calculate
				the amount of a refund using a method at least as favorable to the customer as
				the actuarial method.
Rulemaking Authority 655.012(2), 655.947(3) FS. Law
					 Implemented 655.947, 655.954 FS.
New 12-2-08.
Florida Administrative Code › 69 - DEPARTMENT OF FINANCIAL SERVICES › 69U - FSC - Financial Institution Regulation › Chapter 69U-100 - FINANCIAL INSTITUTIONS GENERALLY › Section 69U-100.104 - Method of Payment or Fees

Current through Reg. 50, No. 138; July 16, 2024
Except as provided in paragraph
				  69U-100.102(3)(b),
				  F.A.C., a financial institution may offer a customer the option of paying the
				  fee for a debt cancellation product in a single fee, provided the financial
				  institution also offers the customer a bona fide option of paying the fee for
				  that debt cancellation product in monthly or other periodic payments. The
				  option of monthly or periodic payments need not be offered for any debt
				  cancellation product designed to protect a customer against a deficiency
				  between the outstanding loan or lease amount and the value of the motor vehicle
				  that is used as collateral for the loan. If the financial institution offers
				  the customer the option to finance the single payment by adding it to the
				  amount the customer is borrowing, the financial institution must also disclose
				  to the customer, in accordance with rule
				  69U-100.105, F.A.C., whether
				  and, if so, the time period during which, the customer may cancel the agreement
				  and receive a refund.
Rulemaking Authority 655.012(2), 655.947(3) FS. Law
					 Implemented 655.947, 655.954 FS.
New 12-2-08.
Florida Administrative Code › 69 - DEPARTMENT OF FINANCIAL SERVICES › 69U - FSC - Financial Institution Regulation › Chapter 69U-100 - FINANCIAL INSTITUTIONS GENERALLY › Section 69U-100.106 - Affirmative Election to Purchase and Acknowledgement of Receipt of Disclosures Required

Current through Reg. 50, No. 138; July 16, 2024
(1) Before entering
				into a debt cancellation product, the financial institution must obtain a
				customer's written affirmative election to purchase a debt cancellation product
				and written acknowledgment of receipt of the disclosures required by subsection
				69U-100.105(2),
				F.A.C. The election and acknowledgment information must be conspicuous, simple,
				direct, readily understandable, and designed to call attention to their
				significance. The election and acknowledgment satisfy these standards if they
				conform with the requirements of subsections
				69U-100.105(8),
				(9), F.A.C.
(2) If the sale of a debt cancellation
				product occurs by telephone, the customer's affirmative election to purchase
				may be made orally, provided the financial institution:
(a) Maintains sufficient documentation to
				show that the customer received the short form disclosures and then
				affirmatively elected to purchase the debt cancellation product;
(b) Mails the affirmative written election
				and written acknowledgment, together with the long form disclosures required
				rule 69U-100.105, F.A.C., to the customer within 3 business days after the
				telephone solicitation, and maintains sufficient documentation to show it made
				reasonable efforts to obtain the documents from the customer; and,
(c) Permits the customer to cancel the
				purchase of the debt cancellation product without penalty within 30 days after
				the financial institution has mailed the long form disclosures to the
				customer.
Florida Administrative Code › 69 - DEPARTMENT OF FINANCIAL SERVICES › 69U - FSC - Financial Institution Regulation › Chapter 69U-100 - FINANCIAL INSTITUTIONS GENERALLY › Section 69U-100.323 - Attestation of Compliance

Current through Reg. 50, No. 138; July 16, 2024
(1) Each
				financial institution subject to the financial institutions codes must attest,
				under penalty of perjury, whether the entity is acting in compliance with
				Section 655.0323(1) and
				(2), F.S. Such institutions shall attest by
				completing and submitting Form OFR-U-323, Attestation of Compliance, effective
				08-2023, herein incorporated by reference and available at
https://www.flrules.org/Gateway/reference.asp?No=Ref-15705
and the OFR's website,
www.flofr.gov
, to the
				OFR by July 1 of each year.
(2)
				Filings required by this rule shall be submitted to the OFR by mail or email as
				follows:
Division of Financial Institutions
Office of Financial Regulation
200 East Gaines Street
Tallahassee, Florida 32399-0371
OFRFinancialInstitutions@flofr.gov.
Rulemaking Authority 655.0323(3) FS. Law Implemented
					 655.0323(3) FS.
New 8-3-23.