Rule 69O-200.004, F.A.C., is being amended to update forms OIR-C1-994, “Application for License Motor Vehicle Service Agreement Company,” and Form OIR-A3-467 LR, “Application for License Continuance Motor Vehicle Service ....

 

DEPARTMENT OF FINANCIAL SERVICES

OIR – Insurance Regulation

RULE NO.:RULE TITLE:

69O-200.004Application for License and License Renewal

PURPOSE AND EFFECT: Rule 69O-200.004, F.A.C., is being amended to update forms OIR-C1-994, “Application for License Motor Vehicle Service Agreement Company,” and Form OIR-A3-467 LR, “Application for License Continuance Motor Vehicle Service Agreement Company,” These changes remove the invoices from these forms which are no longer needed due to changes in payment processing, improve formatting, update instructions, correct typographical errors, and update addresses.

SUMMARY: Rule 69O-200.004, F.A.C., is being amended to update forms OIR-C1-994, “Application for License Motor Vehicle Service Agreement Company,” and Form OIR-A3-467 LR, “Application for License Continuance Motor Vehicle Service Agreement Company,” These changes remove the invoices from these forms which are no longer needed due to changes in payment processing, improve formatting, update instructions, correct typographical errors, and update addresses.

SUMMARY OF STATEMENT OF ESTIMATED REGULATORY COSTS AND LEGISLATIVE RATIFICATION:

The Agency has determined that this will not have an adverse impact on small business or likely increase directly or indirectly regulatory costs in excess of $200,000 in the aggregate within one year after the implementation of the rule. A SERC has not been prepared by the Agency.

Any person who wishes to provide information regarding a statement of estimated regulatory costs, or provide a proposal for a lower cost regulatory alternative must do so in writing within 21 days of this notice.

RULEMAKING AUTHORITY: 634.021, 634.061(1)(2)(c), F.S.

LAW IMPLEMENTED: 634.041, F.S.

IF REQUESTED WITHIN 21 DAYS OF THE DATE OF THIS NOTICE, A HEARING WILL BE SCHEDULED AND ANNOUNCED IN THE FAR.

THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE IS: Kama Monroe, Assistant General Counsel, Office of Insurance Regulation, [e-mail], [phone].

 

THE FULL TEXT OF THE PROPOSED RULE IS:

 

69O-200.004 Application for License and License Renewal.

(1) Application for License as a Motor Vehicle Service Agreement Company.

(a) An application for a license as a motor vehicle service agreement company consists of the following:

1. Form OIR-C1-994, “Application for License Motor Vehicle Service Agreement Company,” effective 07/23 5/22, hereby incorporated by reference and available at http://www.flrules.org/Gateway/__________;  http://www.flrules.org/Gateway/reference.asp?No=Ref-14729;

2. Form OIR-C1-144, incorporated by reference in Rule 69O-136.100, F.A.C.; “Service of Process Consent & Agreement,” effective 6/04, hereby incorporated by reference and available at http://www.flrules.org/Gateway/reference.asp?No=Ref-14730;

3. Form OIR-C1-905, incorporated by reference in Rule 69O-136.100, F.A.C.; “Instructions for Furnishing Background Investigative Reports,” effective 6/20, hereby incorporated by reference and available at http://www.flrules.org/Gateway/reference.asp?No=Ref-14731;

4. Form OIR-C1-938, incorporated by reference in Rule 69O-136.100, F.A.C.; “Fingerprint Payment and Submission Procedure,” effective 6/20, hereby incorporated by reference and available at http://www.flrules.org/Gateway/reference.asp?No=Ref-14732;

5. Form OIR-C1-995, incorporated by reference in Rule 69O-136.100, F.A.C.;  “List of Proposed Sales Representatives,” effective 10/05, hereby incorporated by reference and available at http://www.flrules.org/Gateway/reference.asp?No=Ref-14733;

6. Form OIR-C1-1423, incorporated by reference in Rule 69O-136.100, F.A.C.; “Biographical Affidavit,” effective 12/20, hereby incorporated by reference and available at http://www.flrules.org/Gateway/reference.asp?No=Ref-14734; and

7. Form OIR-C1-0500, incorporated by reference in Rule 69O-136.100, F.A.C.;

8. Form OIR-C1-0501, incorporated by reference in Rule 69O-136.100, F.A.C.;

9. Form OIR-C1-0502, incorporated by reference in Rule 69O-136.100, F.A.C.;

10. Form OIR-C1-0503, incorporated by reference in Rule 69O-136.100, F.A.C.;

11. Form OIR-C1-0504, incorporated by reference in Rule 69O-136.100, F.A.C.;

12. Form OIR-C1-0505, incorporated by reference in Rule 69O-136.100, F.A.C.;

13. Form OIR-C1-0506, incorporated by reference in Rule 69O-136.100, F.A.C.;

14. Form OIR-C1-0507, incorporated by reference in Rule 69O-136.100, F.A.C.;

15. Form OIR-C1-0509, incorporated by reference in Rule 69O-136.100, F.A.C.; and

(16)7. Form OIR-C1-2221, incorporated by reference in Rule 69O-136.100, F.A.C. “Management Information Form,” effective 6/20, hereby incorporated by reference and available at http://www.flrules.org/Gateway/reference.asp?No=Ref-14735;

(b) A person applying for a license as a motor vehicle service agreement company shall submit the forms listed in paragraph (1)(a) as directed by the Office electronically at https://www.floir.com/iportal. The forms may be obtained from https://www.floir.com/iportal.

(2) License Continuance for Motor Vehicle Service Agreement Company.

(a)1. All motor vehicle service agreement company licenses shall continue in force as long as licensee is entitled thereto under Chapter 634, Part I, F.S.

2. Failure to submit the application for continuance by March 1 shall result in expiration of the license and will require the filing of a new application for licensure.

(b) A licensee seeking to continue operating as a motor vehicle service agreement company shall submit Form OIR-A3-467 LR, “Application for License Continuance Motor Vehicle Service Agreement Company,” effective 07/23 5/21, hereby incorporated by reference and available at http://www.flrules.org/Gateway/_____. http://www.flrules.org/Gateway/reference.asp?No=Ref-14736, filed electronically at https://www.floir.com/iportal. The form may be obtained from https://www.floir.com/iportal.

Rulemaking Authority 634.021, 634.061(1), (2)(c) FS. Law Implemented 634.041 FS. History–New 5-26-93, Formerly 4-200.004, Amended 8-13-12, 9-28-22, _______.

 

NAME OF PERSON ORIGINATING PROPOSED RULE: Kama Monroe, Assistant General Counsel

NAME OF AGENCY HEAD WHO APPROVED THE PROPOSED RULE: Financial Services Commission

DATE PROPOSED RULE APPROVED BY AGENCY HEAD: September 18, 2023

DATE NOTICE OF PROPOSED RULE DEVELOPMENT PUBLISHED IN FAR: July 24, 2023