Summary


This rule is amended to incorporate by reference the revised Florida 529 Savings Plan Participation Agreement and Terms and Conditions, which includes changes to the Participation Agreement relating to investment directions, specifically referencing the federal standard for the number of times per calendar year that an Account Owner may rebalance the Account with the Internal Revenue Code reference for automatic updating. Several items in the Terms and Conditions have been revised, including, inter alia, incorporating “Business Day,” “Parent,” “Request,” and “Trade Date” as defined terms, revisions to the Processing Time and Application Fee sections and incorporating the same changes made in the Participation Agreement.