(1) Florida ABLE, Inc., a not-for-profit corporation established pursuant to Florida Statutes § 1009.986, shall:

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Terms Used In Florida Regulations 19B-17.001

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
    (a) Submit its articles of incorporation and by-laws, and any amendments thereto, after approval by the Florida ABLE, Inc., Board, to the Florida Prepaid College Board for approval.
    (b) Submit its annual budget to the Florida Prepaid College Board not later than June 30 of each year.
    (c) With the exception of those public records described in Sections 1009.987, F.S., allow inspection and copying of all other documents, papers, letters or other records of Florida ABLE, Inc., that are made or received in conjunction with the business of the corporation in accordance with the requirements of the Florida Public Records Law, Florida Statutes § 119.07
    (2) To be eligible to use the Florida Prepaid College Board’s property (except money), facilities and personal services, Florida ABLE, Inc., shall make a written request to the Executive Director of the Florida Prepaid College Board specifying the property, facilities and personal services which Florida ABLE, Inc., requests that it be allowed to use.
Rulemaking Authority 1009.971(1), (4), 1009.986(10) FS. Law Implemented Florida Statutes § 1009.986. History-New 6-23-16.