The proposed amendments to rule 69G-20.001, F.A.C., will update the requirements for registration as a claimant’s representative and the corresponding form. The proposed amendments to rule 69G-20.0021, F.A.C., will update the procedural requirements ...

 

DEPARTMENT OF FINANCIAL SERVICES

Division of Unclaimed Property

RULE NOS.:RULE TITLES:

69G-20.001REGISTRATION

69G-20.0011FULL DISCLOSURE STATEMENT

69G-20.0021PROCEDURES FOR FILING CLAIM

69G-20.0022PROOF OF OWNERSHIP AND ENTITLEMENT TO UNCLAIMED PROPERTY

69G-20.0026CLAIMANT AFFIDAVIT

69G-20.036REMITTING OF SAFE DEPOSIT BOX CONTENTS AND REIMBURSEMENT OF EXPENSES

PURPOSE AND EFFECT: The proposed amendments to Rule 69G-20.001, F.A.C., will update the requirements for registration as a claimant’s representative and the corresponding form. The proposed amendments to Rule 69G-20.0021, F.A.C., will update the procedural requirements for filing claims for unclaimed property; clarify claims requirements; update the affidavit forms for proving identity and authenticity; update and revise documentation requirements; and adopt new claim forms to be used by apparent owners, beneficiaries, business associations, registered purchasers, registered claimant’s representatives, holders, and other states. The proposed amendments to Rule 69G-20.0022, F.A.C., will clarify how notice of claim determination is provided and how disbursement is made. The proposed amendment to Rule 69G-20.036, F.A.C., will update the form used by holders to request reimbursement for safe deposit costs, which is being incorporated into the claim form for holders. Based on the proposed amendments to Rules 69G-20.0021 and 69G-20.0022, F.A.C., Rules 69G-20.0011 and 69G-20.0026, F.A.C., are proposed for repeal.

SUBJECT AREA TO BE ADDRESSED: Updates to the procedures, requirements, and forms for filing unclaimed property claims and registering as a claimant’s representative.

RULEMAKING AUTHORITY: 717.119, 717.124, 717.12404, 717.1351, 717.138, 717.1400, F.S.

LAW IMPLEMENTED: 92.50, 92.525, 117.05, 409.25658, 668.50, 717.101, 717.117, 717.119, 717.1201, 717.124, 717.12403, 717.12404, 717.12405, 717.1241, 717.1242, 717.1243, 717.125, 717.126, 717.1261, 717.1262, 717.127, 717.1301, 717.135, 717.1351, 717.1400, F.S.

A RULE DEVELOPMENT WORKSHOP WILL BE HELD AT THE DATE, TIME AND PLACE SHOWN BELOW:

DATE AND TIME: Wednesday, June 14, 2017, 9:00 a.m. – 11:00 a.m.

PLACE: Room 116, Larson Building, 200 East Gaines Street, Tallahassee, FL 32301

Pursuant to the provisions of the Americans with Disabilities Act, any person requiring special accommodations to participate in this workshop/meeting is asked to advise the agency at least 5 days before the workshop/meeting by contacting: Phillip Carlton, Assistant Director, telephone: [phone], email: [e-mail]. If you are hearing or speech impaired, please contact the agency using the Florida Relay Service, 1(800)955-8771 (TDD) or 1(800)955-8770 (Voice).

THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE DEVELOPMENT AND A COPY OF THE PRELIMINARY DRAFT, IF AVAILABLE, IS: Phillip Carlton, Assistant Director, Division of Unclaimed Property, Department of Financial Services, telephone: [phone], address: 200 E. Gaines St., Tallahassee, FL 32303, email: [e-mail]. The text of the proposed rules is also available on the Department's website @ http://www.myfloridacfo.com/Division/GeneralCounsel/RuleWorkshopMeetings

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THE PRELIMINARY TEXT OF THE PROPOSED RULE DEVELOPMENT IS AVAILABLE AT NO CHARGE FROM THE CONTACT PERSON LISTED ABOVE.