Notice of Development of Rulemaking

DEPARTMENT OF FINANCIAL SERVICES
OIR Insurance Regulation
RULE NO: RULE TITLE
69O-186.017: Certificate of Mortgage Release
PURPOSE AND EFFECT: Section 701.041(9), Florida Statutes, requires the Financial Services Commission to “adopt rules establishing an actuarially sound premium charge to be made for each certificate of release recorded pursuant to this section.” This rulemaking proceeding will be utilized to determine and establish appropriate rates to be charged for certificates of mortgage release that are recorded in Florida, pursuant to Section 701.041, Florida Statutes.
SUBJECT AREA TO BE ADDRESSED: Certificate of Mortgage Release Rate.
SPECIFIC AUTHORITY: 701.041(9) FS.
LAW IMPLEMENTED: 701.041(9) FS.
IF REQUESTED IN WRITING AND NOT DEEMED UNNECESSARY BY THE AGENCY HEAD, A RULE DEVELOPMENT WORKSHOP WILL BE HELD AT THE TIME, DATE AND PLACE SHOWN BELOW:
TIME AND DATE: June 15, 2006, 9:30 a.m.
PLACE: Room 116, Larson Building, 200 East Gaines Street, Tallahassee, Florida
THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE DEVELOPMENT AND A COPY OF THE PRELIMINARY DRAFT, IF AVAILABLE, IS: Lawrence Steinert, Property and Casualty Product Review, Office of Insurance Regulation, E-mail: lawrence.steinert@ fldfs.com.
Pursuant to the provisions of the Americans with Disabilities Act, any person requiring special accommodations to participate in this program, please advise the Office at least 5 calendar days before the program by contacting the person listed above.

THE PRELIMINARY TEXT OF THE PROPOSED RULE DEVELOPMENT IS NOT AVAILABLE.