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2002 Florida Code
TITLE XXXVII INSURANCE
Chapter 634 WARRANTY ASSOCIATIONS  
PART I MOTOR VEHICLE SERVICE AGREEMENT COMPANIES (ss. 634.011-634.289)
634.253   Delinquency proceedings.

634.253  Delinquency proceedings.--

(1)  If any of the grounds for rehabilitation, liquidation, conservation, reorganization, seizure, or summary proceedings of an insurer as set forth in ss. 631.051, 631.061, and 631.071 exist as to a company, the department may petition for an appropriate court order or may pursue such other relief as is afforded in part I of chapter 631.

(2)  In the event an order of rehabilitation, liquidation, conservation, reorganization, seizure, or summary proceedings has been entered against a company, the department shall be vested with all of the powers and duties it has under the provisions of part I of chapter 631 in regard to delinquency proceedings of insurance companies.

History.--s. 12, ch. 78-231; s. 2, ch. 81-318; ss. 28, 32, 33, ch. 82-234; s. 68, ch. 91-106; s. 184, ch. 91-108; s. 20, ch. 93-195.

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