Florida Administrative Code

(1) The purpose of this rule chapter is to establish mediator qualifications, specify grounds for the denial of applications, and specify grounds for the suspension or revocation of mediator approval. (2) This rule chapter shall apply to all applicants for mediator approval and a…

(1) An applicant for approval to participate as a mediator in the property insurance claim mediation program pursuant to Section 627.7015, F.S., or the motor vehicle insurance claim mediation program pursuant to Section 627.745, F.S., must submit a completed Form DFS-H2-591, http…

(1) An application for approval as a mediator shall be denied by the Department if any of the grounds set forth in Sections 627.745(4)(a) through (e), F.S., exist. (2) If an approved mediator has violated any of the following provisions of Section 627.745(4), F.S., the following …

The purpose of this rule chapter is to establish the qualifications for obtaining certification as a neutral evaluator, specify grounds for the denial of applications, and specify grounds for the suspension or revocation of the certification of a neutral evaluator. Rulemaking Aut…

When used in this rule chapter, the following terms are defined as follows: (1) "Applicant" means an individual who submits an application for certification as a neutral evaluator. (2) "Certification" means the Department approval of an individual who meets the requirements for a…

(1) An applicant seeking certification as a neutral evaluator shall apply to the Department using Form Number DFS-H2-1783, http://www.flrules.org/Gateway/reference.asp?No=Ref-08557, Neutral Evaluator Application, (Revised 03/2017), which is hereby incorporated by reference. The f…

(1) An application for certification as a neutral evaluator shall be denied by the Department if any of the grounds set forth in Sections 627.7074(7)(b)1. through 5., F.S., exist. (2) If a certified neutral evaluator has violated the following provisions of Section 627.7074, F.S.…

The purpose of these rules is to establish procedures for the approval and administration of clearing accounts maintained in qualified public depositories outside the State Treasury. Rulemaking Authority 17.29 FS. Law Implemented 17.58, 17.65 FS. History-New 3-18-80, Formerly 4C-…

These rules establish procedures for the approval of new clearing accounts and continuation of existing clearing accounts. These rules also establish guidelines for the methods and frequency of transmitting moneys to the State Treasury for such clearing accounts. Rulemaking Autho…

For the purposes of these rules, the following terms are defined as follows: (1) Clearing Account. A "clearing account" is a demand deposit account outside the State Treasury in a qualified public depository which is established under authority of the Chief Financial Officer and …

(1) Any agency, board, bureau, commission, institution or department desiring to establish a clearing account must forward a letter to the Chief Financial Officer requesting approval thereof and containing at least the following information: (a) A brief descriptive name and purpo…

(1) Forwarding Moneys to the State Treasury. Moneys in clearing accounts which are to be forwarded to the State Treasury must be forwarded using the following general schedule unless another schedule is initiated or approved by the Chief Financial Officer: Annual Deposits Forward…

The Chief Financial Officer will review all existing clearing accounts each biennium and determine if the volume and complexity justify continuing the account. If the Chief Financial Officer deems it necessary, additional information may be requested from the agency, board, burea…

Rulemaking Authority , 280.041(7), 280.19 FS. Law Implemented 280 FS. History-New 2-25-82, Amended 11-29-84, Formerly 4C-2.01, Amended 6-28-88, Repromulgated 1-23-91, Formerly 4C-2.001, Repealed 12-9-24.

Rulemaking Authority 280.19, 280.041(7) FS. Law Implemented 280 FS. History-New 2-25-82, Amended 11-29-84, Formerly 4C-2.02, Amended 4-10-86, 6-28-88, 1-23-91, 7-12-92, Formerly 4C-2.002, Repealed 12-9-24.

For the purpose of this chapter, the term: (1) "Applicant" means an entity seeking designation by the Chief Financial Officer as a qualified public depository in the public deposits program. (2) "Certificate of incumbency" means a document executed pursuant to the corporation's b…

(1) To be an applicant, an entity must complete and submit Form DFS-J1-1516, Application or Reapplication for Designation, effective 11/24, incorporated herein by reference and available at http://www.flrules.org/Gateway/reference.asp?No=Ref-17143. (2) After meeting the requireme…

(1) In the event of a qualifying change, as defined in Rule 69C-2.004, F.A.C., to a qualified public depository or operating subsidiary, the entity or entities must re-execute and provide to the Chief Financial Officer, within 30 calendar days of such qualifying change: (a) the c…

(1) Each qualified public depository must deposit with or pledge to the Chief Financial Officer eligible collateral equal to or in excess of its required collateral. (2) Prior to initiating a collateral transaction, the qualified public depository must ensure a current collateral…

(1) The deposit or pledge of collateral must be made by completing the transaction and simultaneously submitting to the Chief Financial Officer a completed Form DFS-J1-1005, Collateral Transaction Form, effective 09/24, incorporated herein by reference and available at http://www…

(1) All eligible securities pursuant to section 280.13, F.S., must be pledged in a book entry form. (2) Collateralized Mortgage Obligations (CMOs) or Real Estate Mortgage Investment Conduits (REMICs): (a) must be a direct obligation of a U.S. Agency; (b) must be in book entry for…

Rulemaking Authority 280.19, 280.041(7) FS. Law Implemented 280.04(4), 280.041, 280.05, 280.16, 280.17 FS. History-New 2-25-82, Amended 5-17-84, 11-29-84, Formerly 4C-2.09, Amended 4-10-86, 6-28-88, 1-23-91, 7-12-92, 2-1-93, 5-27-97, 4-5-99, Formerly 4C-2.009, Repealed 12-9-24.

Rulemaking Authority 280.19 FS. Law Implemented 280.05(16), (19), 280.16 FS. History-New 1-23-91, Formerly 4C-2.025, Amended 7-12-92, 4-5-99, Formerly 4C-2.0095, Repealed 12-9-24.

Each qualified public depository and custodian must electronically provide or otherwise permit the Chief Financial Officer to inspect, verify, and review all documents, reports, records, and all other financial information deemed necessary by the Chief Financial Officer to verify…

Rulemaking Authority 280.04(9), 280.19 FS. Law Implemented 280.01-.05, 280.07, 280.08, 280.09, 280.10, 280.11, 280.13, 280.16, 280.17, 280.18, 280.19 FS. History-New 2-25-82, Amended 11-29-84, Formerly 4C-2.11, Amended 4-10-86, 6-28-88, Repromulgated 1-23-91, Amended 7-12-92, For…

(1) Each qualified public depository must electronically submit to the Chief Financial Officer a completed Form DFS-J1-1003, Qualified Public Depository Monthly Report, effective 09/24, incorporated herein by reference and available at http://www.flrules.org/Gateway/reference.asp…

Rulemaking Authority 280.04(9), 280.19 FS. Law Implemented 280.08(3) FS. History-New 6-28-88, Amended 1-23-91, 7-12-92, Formerly 4C-2.021, Repealed 12-9-24.

(1) Each public depositor must electronically submit a completed Form DFS-J1-1009, Public Depositor Annual Report, effective 09/24, incorporated by reference and available at http://www.flrules.org/Gateway/reference.asp?No=Ref-17021, annually, no later than November 30, to the Ch…

(1) Each quarter, or as requested by the Chief Financial Officer, a public depositor that is a state university or state college must, in accordance with the instructions therein, submit Form DFS-J1-1008, Public Depositor Account Details, effective 09/24, incorporated by referenc…

(1) Entry, withdrawal, and continued participation in the public deposits program will be based, in part, on the overall financial condition of an applicant or a qualified public depository. (2) The overall financial condition of an applicant or a qualified public depository is d…

(1) The total funds held in the state treasury means funds that are invested pursuant to section 17.61, F.S. and that are not needed to meet the disbursement needs of the state pursuant to section 17.57, F.S. (2) If public deposits held by a credit union designated as a qualified…

In the event of the insolvency or default of a qualified public depository, each public depositor having a claim against the Public Deposits Trust Fund must file a claim with the Chief Financial Officer consistent with section 280.085, F.S., on Form DFS-J1-1012, Public Deposits C…

To withdrawal a designation as a qualified public depository, the qualified public depository must submit Form DFS-J1-1519, Notice of Withdrawal, effective 09/24, incorporated by reference and available at http://www.flrules.org/Gateway/reference.asp?No=Ref-17026. Rulemaking Auth…

Collateral securing public deposits may, at the discretion of the qualified public depository, be owned in the name of an operating subsidiary if: (1) 100% of the stock of the operating subsidiary is owned and controlled by the qualified public depository; (2) the operating subsi…

The use of an agent by a qualified public depository, or if one is used, by an operating subsidiary, is prohibited. Rulemaking Authority 280.041, 280.19 FS. Law Implemented 280.02, 280.04, 280.05 FS. History-New 5-27-97, Formerly 4C-2.029, Amended 12-9-24.

(1) The use of an agent by a custodian is prohibited unless specifically authorized by the Chief Financial Officer in writing. (2) To request permission to use a custodial agent, the custodian must submit such request in writing to the Chief Financial Officer and include the foll…