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2002 Florida Code
TITLE XXXVII INSURANCE
Chapter 628 STOCK AND MUTUAL INSURERS; HOLDING COMPANIES  
PART I STOCK AND MUTUAL INSURERS: ORGANIZATION AND CORPORATE PROCEDURES (ss. 628.011-628.535)
628.061   Investigation of proposed organization.

628.061  Investigation of proposed organization.--In connection with any proposal to incorporate a domestic insurer, the department shall make an investigation of:

(1)  The character, reputation, financial standing, and motives of the organizers, incorporators, and subscribers organizing the proposed insurer.

(2)  The character, financial responsibility, insurance experience, and business qualifications of its proposed officers.

(3)  The character, financial responsibility, business experience, and standing of the proposed stockholders and directors.

History.--s. 626, ch. 59-205; ss. 13, 35, ch. 69-106; s. 3, ch. 76-168; s. 1, ch. 77-457; ss. 2, 3, ch. 81-318; ss. 635, 665, 809(1st), ch. 82-243; ss. 187, 188, ch. 91-108; s. 4, ch. 91-429.

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