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 10/25, incorporated herein by reference and available at http://flrules.org/Gateway/reference.asp?No=Ref-18666, 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 10/25, incorporated herein by reference and available at http://flrules.org/Gateway/reference.asp?No=Ref-18667, on or before November 30th, as required by section 280.16, F.S.