Purpose


The proposed amendments will repeal Rule Chapter 69W-7, F.A.C., relating to certified capital companies. The statute authorizing these rules, Section 288.99, F.S., was repealed effective December 31, 2010, by operation of law. See Fla. Stat., Section 288.99(17) (2010), which provides: “This section shall stand repealed December 31, 2010.” During the 2011 legislative session, a reviser's bill was passed that removed Section 288.99, F.S., from the Florida Statutes. See s. 5, Ch. 2011-3, Laws of Florida.