As a result of JAPC comments:
Rule 20-50.001 was withdrawn, requiring the renumbering of the remaining rules as follows: 20-50.001
2, 20-50.002 3, 20-50.003 4 and 20-50.004 5
SUMMARY OF STATEMENT OF ESTIMATED REGULATORY COSTS AND LEGISLATIVE RATIFICATION should have included the following language: The Agency has determined that the proposed rule is not expected to require legislative ratification based on the statement of estimated regulatory costs or if no SERC is required, the information expressly relied upon and described herein: The maturity standards currently in statute will sunset on January 1, 2013 and these rules will become effective on this date. The industry will continue using the same standards as those relied upon for over 60 years in statute. Although the rules are new the standards are not; therefore, the industry will not incur any additional regulatory costs nor will there be any adverse impact on small business.