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2021 Florida Statutes
Title XXXVII - Insurance
Chapter 627 - Insurance Rates and Contracts
Part IV - Industrial Life Insurance Policies (Ss. 627.501-627.522)
627.508 - Dividends.

Universal Citation:
FL Stat § 627.508 (2021)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.
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627.508 Dividends.—Every participating policy shall provide that the insurer shall annually ascertain and apportion any divisible surplus accruing on the policy. This provision shall not prohibit the payment of additional dividends on default of payment of premiums or termination of the policy.

History.—s. 514, ch. 59-205; s. 3, ch. 76-168; s. 1, ch. 77-457; ss. 2, 3, ch. 81-318; ss. 411, 420, 809(2nd), ch. 82-243; s. 79, ch. 82-386; s. 114, ch. 92-318.

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