Summary
The proposed rule amendments will repeal the rule. The Office has identified the rule as unnecessary as the result of the comprehensive rule review that it undertook pursuant to Sections 120.74 and 120.745, F.S. The rule applies to assessments for capital stock associations chartered under Chapter 665, F.S. There are no Florida-chartered capital stock associations operating in the state and there has not been any in recent times. In effect, this type of charter has been replaced by the provisions of Chapter 667, F.S., which governs the chartering of state-chartered savings banks.