Fla. Admin. Code R. 69C-2.030

Current through Reg. 50, No. 253; December 31, 2024
Section 69C-2.030 - Use of an Agent by a Custodian
(1) The use of an agent by a custodian is prohibited unless specifically authorized by the Chief Financial Officer in writing.
(2) To request permission to use a custodial agent, the custodian must submit such request in writing to the Chief Financial Officer and include the following:
(a) proof that the agent meets the definition of a custodian in section 280.02, F.S.;
(b) a complete collateral control agreement, Form DFS-J1-1001, incorporated by reference in Rule 69C-2.004, F.A.C.; and
(c) proof of the agency relationship between the custodian and agent.

Fla. Admin. Code Ann. R. 69C-2.030

Rulemaking Authority 280.041, 280.19 FS. Law Implemented 280.02, 280.04, 280.05 FS.

New 5-27-97, Formerly 4C-2.030, Amended by Florida Register Volume 50, Number 231, November 26, 2024 effective 12/9/2024.

New 5-27-97, Formerly 4C-2.030.