Summary
is rule amendment provides the location where the lien disclosure information must appear in the public offering statement. It also provides for circumstances where the division has already approved the disclosure in another location in the POS and where the managing entity does not intend to implement the use of the trustee foreclosure procedure.
Other rules incorporating this rule: This rule is referenced in Rules 61B-39.002, 61B-39.004, 61B-39.005, 61B-39.006, 61B-39.008 and 61B-41.003, F.A.C.
Effect on Other Rules: The amendments to this rule will not affect Rule 61B-39.002, 61B-39.006 or 61B-39.008. Compliance with paragraphs 61B-39.004(1)(a) and 61B-39.005(2)(h), F.A.C., will now require the new elements of the POS added by this amendment to Rule 61B-39.003, F.A.C.