Definitions Applicable to Chapter 69I-22

 

DEPARTMENT OF FINANCIAL SERVICES

Division of Accounting and Auditing

RULE NO.:RULE TITLE:

69I-22.002Definitions Applicable to Chapter 69I-22

NOTICE OF CHANGE

Notice is hereby given that the following changes have been made to the proposed rule in accordance with subparagraph 120.54(3)(d)1., F.S., published in Vol. 40, No. 225, November 19, 2014 issue of the Florida Administrative Register.

Subsection (1) has been deleted.

Subsection (3) has been changed to read:

(3) “Participating Financial Institution” means a bank, national association, savings and loan association, mutual savings bank, or a credit union which is chartered by either any state or the federal government and authorized by the applicable federal reserve bank to receive commercial automated clearing house transactions and is thus eligible to receive State of Florida direct deposits by electronic funds transfer.