Account and Administration Fee  

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    STATE BOARD OF ADMINISTRATION

    Florida Prepaid College Board

    RULE NO.:RULE TITLE:

    19B-18.005Account and Administration Fee

    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. 42 No. 17, January 27, 2016 issue of the Florida Administrative Register.

    These changes are being made to address comments expressed by the Joint Administrative Procedures Committee.

    19B-18.004 Account and Investment Administration Fees.

    Florida ABLE, Inc., will determine the amounts of the Account Fee and the Investment Administration Fee periodically and may consider factors including, but not limited to, the total amount invested in the Program by all Beneficiaries, the amounts of the fees that the Program must pay for investment management services, trustee services, records administration services, marketing services, and customer services and the annual budget of the Program. The fees charged will be available at [Website of the Florida ABLE Program].

    Rulemaking Authority 1009.971(1) and (4) FS; 1009.986(10) FS. Law Implemented 1009.986 FS. History–New_______.

Document Information

Related Rules: (1)
19B-18.005. Account and Administration Fees