Fla. Admin. Code Ann. R. 69C-2.016 - Financial Information Reports by a Qualified Public Depository

(1) Each qualified public depository must electronically submit to the Chief Financial Officer a completed Form DFS-J1-1003, Qualified Public Depository Monthly Report, effective 09/24, incorporated herein by reference and available at http://www.flrules.org/Gateway/reference.asp?No=Ref-17018, on or before the 15th calendar day, or next business day, if the due date falls on a weekend or a Federal Reserve Bank holiday.

(2) If a qualified public depository's total public deposits decreases by a minimum of twenty-five percent (25%) over the average daily balance of the previously reported month, and the qualified public depository wishes to release pledged collateral, the qualified public depository must submit DFS-J1-1003, Qualified Public Depository Monthly Report, as a preliminary report. A preliminary report does not satisfy the monthly report requirement pursuant to subsection (1) above and section 280.16, F.S.

(3) Each qualified public depository must complete Form DFS-J1-1004, Qualified Public Depository Annual Report, effective 09/24, incorporated herein by reference and available at http://www.flrules.org/Gateway/reference.asp?No=Ref-17019, on or before November 30th, as required by section 280.16, F.S.

Notes

Fla. Admin. Code Ann. R. 69C-2.016

Rulemaking Authority 280.05, 280.16 FS. Law Implemented 280.05, 280.042, 280.16 FS.

Adopted by Florida Register Volume 50, Number 231, November 26, 2024 effective 12/9/2024.