28524225, 69V-40.070 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 28524225

Notice of Proposed Rule

Department:

DEPARTMENT OF FINANCIAL SERVICES

Division:

Finance

Chapter:

MORTGAGE BROKERAGE

Overview

RULE:

69V-40.070

Bona Fide Nonprofit Organization Exemption Criteria and Processes.

PURPOSE:

The purpose and effect is to create a new rule to conform to and implement 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.

SUMMARY:

The rule will prescribe criteria and processes for determining whether an organization is and remains a bona fide nonprofit organization.

RULEMAKING AUTHORITY:

494.0011(2)(b)7., 494.00115(3)(a) FS

LAW:

494.0011(2)(b)7., 494.00115(3) FS

PRINT PUBLISH DATE:

7/9/2024 Vol. 50/133

COMMENTS:

From 7/9/2024 To 7/30/2024 (21 Days)

REFERENCE MATERIALS:

No reference(s).

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