11689584, 69U-120.004 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 11689584

Notice of Proposed Rule

Department:

DEPARTMENT OF FINANCIAL SERVICES

Division:

FSC - Financial Institution Regulation

Chapter:

BANKS, TRUST COMPANIES, SAVINGS BANKS AND ASSOCIATIONS

Overview

RULE:

69U-120.004	Loans Secured by Secondary Liens on Real Estate
69U-120.009	Securities Purchasable by Banks; Investment Characteristics

PURPOSE:

Rule 69U-120.004, F.A.C., is proposed for amendment to remove language nullified by the repeal of certain statutory language in Section 658.48, Florida Statutes, as a result of Chapter 2011-194, Laws of Fla. (2011). Rule 69U-120.009, F.A.C., is proposed for amendment to conform the rule to statutory revisions to Section 658.67, F.S., as a result of Chapter 2011-194, Laws of Fla. (2011).

SUMMARY:

Rule 69U-120.004, F.A.C., is proposed for amendment to remove language nullified by the repeal of certain statutory language in Section 658.48, Florida Statutes, as a result of Chapter 2011-194, Laws of Fla. (2011). Rule 69U-120.009, F.A.C., is proposed for amendment to conform the rule to statutory revisions to Section 658.67, F.S., as a result of Chapter 2011-194, Laws of Fla. (2011).

RULEMAKING AUTHORITY:

655.012(2) FS.

LAW:

658.48, 658.67 FS.

PRINT PUBLISH DATE:

7/6/2012 Vol. 38/27

COMMENTS:

From 7/6/2012 To 7/27/2012 (21 Days)
The public comment period for this notice has already expired.

REFERENCE MATERIALS:

No reference(s).

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