Fla. Admin. Code R. 69O-143.049
Current through Reg. 50, No. 222; November 13, 2024
Whether any investment pursuant to section 625.325(2), F.S., meets the applicable requirements thereof is to be determined before such investment is made, by calculating the applicable investment limitations as though the investment had already been made, taking into account the then outstanding principal balance on all previous investments in debt obligations, and the value of all previous investments in equity securities as of the day they were made, net of any return of capital invested, not including dividends.
Fla. Admin. Code Ann. R. 69O-143.049
Rulemaking Authority 624.308 FS. Law Implemented 624.307(1), 625.325(2) FS.
New 1-30-91, Formerly 4-26.006, 4-143.049.