To update legal citations and the federal standards that are cited and incorporated by reference in the rules.

 

DEPARTMENT OF FINANCIAL SERVICES

FSC - Financial Institution Regulation

RULE NOS.:RULE TITLES:

69U-110.021Notification to IFR after Elections or Appointments

69U-110.0211Liability and Bond Insurance

69U-110.026Supervisory/Audit Committee; Audit

69U-110.031Powers

69U-110.062Capitalization Criteria for Conservatorship or Involuntary Liquidation Actions

69U-110.063Credit Unions Liquidation Certificate and Maintenance of Records

PURPOSE AND EFFECT: To update legal citations and the federal standards that are cited and incorporated by reference in the rules.

SUBJECT AREA TO BE ADDRESSED: State credit unions. The rule amendments update legal citations and incorporated materials by replacing the 2006 versions of 12 C.F.R. §§ 741.6, 741.202, 701.37, and 12 C.F.R. Part 702 with the 2020 versions; the 2018 versions of 12 C.F.R. §§ 741.3(d) and 741.201(a) with the 2020 versions; and the 2006 version of 12 U.S.C. § 1790d(c) with the 2018 version.

RULEMAKING AUTHORITY: 655.012(2), 657.026(3)(a), 657.028(6), 657.062(1)(c), 657.063(1) FS.

LAW IMPLEMENTED: 655.045, 655.057, 655.061, 657.021, 657.026, 657.028(6), 657.031, 657.033(9), 657.042, 657.062, 657.063, 657.064 FS.

IF REQUESTED IN WRITING AND NOT DEEMED UNNECESSARY BY THE AGENCY HEAD, A RULE DEVELOPMENT WORKSHOP WILL BE NOTICED IN THE NEXT AVAILABLE FLORIDA ADMINISTRATIVE REGISTER.

THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE DEVELOPMENT AND A COPY OF THE PRELIMINARY DRAFT, IF AVAILABLE, IS: Leslie Bryson, Assistant General Counsel, [e-mail], [phone]

THE PRELIMINARY TEXT OF THE PROPOSED RULE DEVELOPMENT IS NOT AVAILABLE.