61B-76.004 — Guarantees of Common Expenses Under Section 719.108(8)(a)2., F.S

Florida Administrative Code Rule 61B-76.004 establishes requirements for guarantees of common expenses in cooperative associations under Section 719.108(8)(a)2., Florida Statutes.

The rule sets forth the standards and procedures by which cooperative associations may guarantee common expenses. The rule defines what constitutes a valid guarantee of common expenses and the conditions under which such guarantees must be structured and maintained.

Cooperative associations governed by Chapter 719, Florida Statutes.

Effective December 20, 1995.