21518885, 69K-7.009 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 21518885

Notice of Development of Rulemaking

Department:

DEPARTMENT OF FINANCIAL SERVICES

Division:

Division of Funeral, Cemetery, and Consumer Services

Chapter:

TRUSTS AND TRUST FUNDS

Overview

RULE:

69K-7.009	Reporting Requirements for Preneed Licensees Filing an Initial Application to Utilize a Letter of Credit or Surety Bond in Lieu of Maintaining a Trust Fund (Repealed)
69K-7.0095	Preneed Trust Fund; Financial Reports
69K-7.012	Criteria for Filing a Surety Bond in Lieu of Maintaining a Trust Fund (Repealed)
69K-7.0125	Alternative Form of Security for Permanent Outer Burial Receptacle Manufacturers
69K-7.013	Procedures for Filing a Claim through the Department

PURPOSE:

The proposed rule amendments will repeal rules that include statutory references that are no longer in effect regarding letters of credit and surety bonds, implement a new rule for reporting requirements under section 497.458(1)(k), F.S., update existing forms that are incorporated under Rule 69K-1.001, F.A.C., and incorporate a new form under Rule 69K-1.001, F.A.C., for trustees to use for submissions of financial reports when acting as a trustee for a preneed licensee’s preneed trust.

SUBJECT:

Rule Chapter 69K-7, F.A.C., Trusts and Trust Funds.

RULEMAKING AUTHORITY:

497.103(2)(c), 497.283(2)(c), 497.458(1)(e), (1)(k), 497.462(9), FS.

LAW:

497.283, 497.458(1), 497.462(2)(a), FS.

PRINT PUBLISH DATE:

2/14/2019 Vol. 45/31

RELATED STATUTES
AND LAWS:

497.103(2)(c), 497.283(2)(c), 497.458(1)(e), (1)(k), 497.462(9), FS., 497.283, 497.458(1), 497.462(2)(a), FS.

OVERSIGHT COMMITTEE:

Joint Administrative Procedures Committee
Florida Administrative Law Central Online Network (F.A.L.C.O.N.)

RELATED COURT CASES:

Division of Administrative Hearings

FEDERAL eRULEMAKING
WEB PORTAL:

Regulations.gov

HOW TO LINK TO
THIS NOTICE:

http://www.flrules.org/gateway/ruleno.asp?id=69K-7.009&PDate=2/14/2019&Section=1

REFERENCE MATERIALS:

No reference(s).

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