Summary


The proposed rule amendments update legal citations and the federal standards that are cited and incorporated by reference in five rules. Specifically, the amendments replace: 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. For clarity, the amendments also delete references to the National Credit Union Act (“Act”) and National Credit Union Administration (“NCUA”) Rules that duplicate the references to the codified versions of the Act and NCUA Rules. The amendments also update a citation to state law in Rule 69U-110.063, F.A.C., pertaining to the maintenance and retention of books and records following voluntary or involuntary liquidation. The amendment deletes the citation to section 657.055, F.S., which was repealed in 2005, and replaces it with a citation to the current equivalent provision – section 655.91, F.S. Finally, Rule 69U-110.021, F.A.C., is updated to include the agency’s mailing and email addresses for filings.