Purpose


The purpose and effect is to amend existing rules to incorporate amended federal forms MU1, MU2, MU3, MU4, and MCR-01, which have been revised since last incorporated by reference in the rule. Additionally, the amendments will incorporate amended Form OFR-MIL-001. Form OFR-MIL-001 is being amended to conform to Chapter 2023-205, Laws of Florida, which eliminated the requirement that issuer/dealers register with the Office; to require loan originators to email the form and supporting documentation to the Office; and to remove the duplicative incorporation of Form OFR-MIL-001 in Rules 69V-40.0312 and 69V-40.0313, Florida Administrative Code. In addition, the amendments will incorporate new form OFR-494-15, which will conform to Chapter No. 2024-134, Laws of Florida, which requires the Office to prescribe, via rulemaking, criteria and processes for determining whether an organization is and remains a bona fide nonprofit organization.