The purpose and effect of this proposed rule is to reimplement as administrative rules maximum account balance limits that were previously repealed as a part of 19B-16.005.

Document Information

Comments Open:: 10/12/2021
Summary:: These rules are amended to specify the former federal standard under which an Account Owner may change the Investment Options.
Purpose:: The purpose and effect of this proposed rule is to reimplement as administrative rules maximum account balance limits that were previously repealed as a part of 19B-16.005.
Rulemaking Authority:: 1009.971(1), (4), (6) FS.
Law:: 1009.971, 1009.98, 1009.981 FS.
Related Rules: (1): 19B-16.013. Maximum Account Balance Limit