DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION
Board of Employee Leasing Companies
RULE NO.: RULE TITLE:
61G7-10.002: Reporting of Change of Status Required; Effect on Licensees; Change of Licensee Name
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. 41 No. 100, May 22, 2015 issue of the Florida Administrative Register.
The change is in response to written comments submitted by the staff of the Joint Administrative Procedures Committee. The changes are as follows:
(1)(h) shall now read: DBPR EL-4518, entitled Board Approved Cross Guarantee Form, effective 11/18/15 04/15, available at http://www.flrules.org/Gateway/reference.asp?No=Ref-______;
(2)(d) shall now read:
(d) Purchase or acquisition of control in which
purchasing employee leasing company maintains
licensed controlling person from either the
purchasing or purchased employee
leasing company
Within 30 days of purchase or acquisition of control,
application for approval or notification of change of asset purchase (DBPR ELC 6), entitled Application for Certificate of Approval for/Notification of Change of Ownership (Asset Purchase) or application for approval or notification of change of stock purchase (DBPR ELC 7), entitled Application for Certificate of Approval for/Notification of Change of Ownership (Stock Purchase), as appropriate. Where applicable, new controlling person license application(s), (DBPR ELC 1) and historical sketch (DBPR EL-4512), as adopted in Rule 61G7-5.012, F.A.C. Form DBPR ELC 1, entitled Application for Licensure as an Employee Leasing Company Controlling Person and Form DBPR 4512, entitled Historical Sketch.
The rule number has been added to the footers of incorporated forms ELC 2 and ELC 3, both effective 08/13.
The following changes have been made to incorporated form DBPR EL 4518, eff. 11/18/15:
The notary blocks have been removed and have been replaced with witness signatures for each entity in the cross guarantee.
The form instructions page uses the phrase “consolidated or combined financial statements” instead of “combined financial statements.”
THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE IS: Richard Morrison, Executive Director, Board of Employee Leasing Companies, 1940 North Monroe Street, Tallahassee, Florida 32399-0783.
