2012 Florida Statutes
TITLE XXXVII — INSURANCE
Chapter 629 — RECIPROCAL INSURERS
629.520 — Authority of a limited reciprocal insurer.


FL Stat § 629.520 (2012 through 2nd Reg Sess) What's This?

629.520 Authority of a limited reciprocal insurer.—The authority of any limited reciprocal insurer to accept new business or renewals shall not continue beyond October 1, 1992; however, such limited reciprocal insurer shall continue to service its obligations previously incurred or with the approval of the office, arrange for the transfer of these obligations to an authorized insurer. All power of the office with respect to limited reciprocal insurers shall continue undiminished. This section does not affect any other power of the office or any other function of the office.

History.—ss. 81, 188, ch. 91-108; s. 4, ch. 91-429; s. 9, ch. 2000-333; s. 1330, ch. 2003-261.

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