25125248, 19B-16.014 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 25125248

Notice of Proposed Rule

Department:

STATE BOARD OF ADMINISTRATION

Division:

Florida Prepaid College Board

Chapter:

FLORIDA COLLEGE SAVINGS PROGRAM

Overview

RULE:

19B-16.014

Unclaimed Refunds

PURPOSE:

The purpose and effect of this proposed rule is to reimplement as administrative rules requirements of unclaimed refunds that were previously repealed as a part of 19B-16.011.

SUMMARY:

This rule details the requirements for written notice to benefactors that are due a refund for a terminated Investment Plan account prior to the escheatment of the refund to the Trust Fund. Conforms this rule to the changes.

RULEMAKING AUTHORITY:

1009.971(1), (4), (6) FS.

LAW:

1009.971, 1009.972(5), 1009.981(4), FS.

PRINT PUBLISH DATE:

10/12/2021 Vol. 47/198

COMMENTS:

From 10/12/2021 To 11/2/2021 (21 Days)
The public comment period for this notice has already expired.

REFERENCE MATERIALS:

No reference(s).

Under Florida law, E-mail addresses are public records. If you do not want your E-mail address released in response to a public records request, do not send electronic mail to this entity. Instead, contact this office by phone or in writing.