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2022 Florida Statutes
Title XXXVII - Insurance
Chapter 630 - Alien Insurers: Trusteed Assets; Domestication
630.041 - Purpose and Duration.
Universal Citation: FL Stat § 630.041 (2022)
630.041 Purpose and duration.—The deposit required by s. 630.021 shall be for the benefit, security, and protection of the policyholders, or policyholders and creditors, of the insurer in the United States. It shall be maintained as long as there is outstanding any liability of the insurer arising out of its insurance transactions in the United States.
History.—s. 704, ch. 59-205; s. 809(1st), ch. 82-243; ss. 187, 188, ch. 91-108; s. 4, ch. 91-429.