Florida Regulations 69U-105.708: Cancellation of Charter Certificates
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If a state or federal financial entity acquires all or substantially all of the assets or assumes the liabilities of any state financial entity, the charter certificate of the acquired state financial entity shall be relinquished to OFR for cancellation.
Rulemaking Authority Florida Statutes § 655.012(3). Law Implemented 655.414(1)(c) FS. History-New 11-23-83, Formerly 3C-18.08, 3C-18.008, Amended 8-14-94, 4-15-98, Formerly 3C-105.708.
Rulemaking Authority Florida Statutes § 655.012(3). Law Implemented 655.414(1)(c) FS. History-New 11-23-83, Formerly 3C-18.08, 3C-18.008, Amended 8-14-94, 4-15-98, Formerly 3C-105.708.
Terms Used In Florida Regulations 69U-105.708
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.