1. The full name of the depositing entity
2. Taxpayer identification number of the depositing entity
3. Identification of the transaction type
4. Address for correspondence
||New Deposit - Collateral for deposit under
a new statute requirement.
||Additional deposit - Collateral for
deposit under an existing statute requirement that has had the amount increased
or has had a decline in market value below the required level.
||Exchange - Collateral
substitutes to be exchanged for certain specified collateral already on
deposit. Depositing entities can usually make substitutions/exchanges
of collateral on deposit for other eligible collateral
through Collateral Administration without approval of the regulating
governmental entity as long as the total market value requirement of the
statute is satisfied by eligible collateral on deposit after completion of the
exchange transaction. Instructions for shipping of released collateral
must be provided in writing, signed by an authorized person.
||Voluntary - Collateral deposited by a
domestic insurer to be held for other states pursuant to Subsection 625.51(2), Florida Statutes.
5. Address for interest payments
6. An authorized signature certification for the depositing entity that states
the presented signatures are for persons "fully authorized and empowered to
enter into book-entry contracts and issue instructions concerning
all collateral transactions with the Chief Financial Officer of the
State of Florida". If the deposit is held under a statute, contract, or
agreement where the sole signatories on the account are public regulating
governmental entity designees, the regulating governmental entity must file the
authorized signature certification.
form for Authorized Signature Certification
To maintain account information, the depositing entity or public
authority/governmental entity designees must furnish current information to the
Collateral Administration Section on names, addresses, interest instructions
and authorized signature.
For mergers, the depositing entity must furnish a certified copy of the
articles of merger, authorized signature certification for the surviving
entity, and a letter covering changes in ownership and title of collateral on
For name changes, the depositing entity must furnish a certified copy of the
corporate resolution addressing the name change, authorized signature
certification under the new name, and a letter covering the change in