2012 Florida Statutes
TITLE XXXVII — INSURANCE
Chapter 629 — RECIPROCAL INSURERS
629.271 — Distribution of savings.


FL Stat § 629.271 (2012 through 2nd Reg Sess) What's This?

629.271 Distribution of savings.—A reciprocal insurer may from time to time return to its subscribers any unused premiums, savings, or credits accruing to their accounts. Any such distribution shall not unfairly discriminate between classes of risks, or policies, or between subscribers, but such distribution may vary as to classes of subscribers based upon the experience of such classes.

History.—s. 697, ch. 59-205; s. 3, ch. 76-168; s. 1, ch. 77-457; ss. 2, 3, ch. 81-318; ss. 681, 809(1st), ch. 82-243; ss. 187, 188, ch. 91-108; s. 4, ch. 91-429.

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