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Florida Administrative Code (Last Updated: April 18, 2024) |
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69. Department of Financial Services |
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69C. Division of Treasury |
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69C-2. Procedures For Administering The Florida Security For Public Deposits Act |
1(1) Each public depositor having moneys on deposit in a Qualified Public Depository that is in default or is insolvent shall notify the Chief Financial Officer of that fact immediately after receiving notice of the default or insolvency from the receiver of the depository. In order to facilitate compliance with this requirement, public depositors may provide notification first by telecommunications, provided such notification is subsequently confirmed in writing with a copy of the notice from the receiver.
78(2) In the event of the insolvency or default of a Qualified Public Depository, each public depositor having a claim against the Public Deposits Security Trust Fund shall file a claim with the Chief Financial Officer on Form DI4-1012, (rev. 6/98), “Public Deposits Claim Form and Agreement,” within thirty (30) days after the date of the official notification from the Chief Financial Officer.
142(3) Each public depositor shall notify the Chief Financial Officer of its official name and address annually, as required by section 163280.17, F.S., 165on Form DI4-1009, (rev. 6/98), “Public Depositor Annual Report to the Chief Financial Officer,” or by electronic means.
184Rulemaking Authority 186280.19, 187280.041(7) FS. 189Law Implemented 191280.17 FS. 193History–New 6-28-88, Amended 1-23-91, 7-12-92, 4-5-99, Formerly 4C-2.022.
