Florida Regulations 69O-202.012: Annual Statement
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(1) Within 60 days of the end of each fiscal year, each qualifying issuer of donor annuity agreements in this state must submit Form OIR-A3-1209, “”Sworn Statement in Lieu of Annual Statements for Issuers of Donor Annuity Agreements,”” effective 6/20, which is hereby incorporated by reference and available at https://www.flrules.org/Gateway/reference.asp?No=Ref-14419, attesting that the issuer has met all requirements of law. Form OIR-A3-1209 shall be submitted to the Office electronically at https://www.floir.com/iportal. The form may be obtained from https://www.floir.com/iportal.
(2) Issuers that fail to submit the sworn statement in subsection (1) shall submit audited financial statements, and any information relating to the operations of the issuer necessary to determine compliance.
Rulemaking Authority Florida Statutes § 624.308(1), 627.781(11) FS. Law Implemented 624.307, 624.307(1), 627.481 FS. History-New 6-23-92, Amended 1-7-97, 12-24-03, Formerly 4-202.012, Amended 7-21-22.
Terms Used In Florida Regulations 69O-202.012
- Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
- Donor: The person who makes a gift.
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
Rulemaking Authority Florida Statutes § 624.308(1), 627.781(11) FS. Law Implemented 624.307, 624.307(1), 627.481 FS. History-New 6-23-92, Amended 1-7-97, 12-24-03, Formerly 4-202.012, Amended 7-21-22.