Fla. Stat. § 628.917

Current through the 2024 Legislative Session

Section 628.917 - Insolvency and liquidation

In the event that a captive insurance company is insolvent as defined in chapter 631, the office shall liquidate the captive insurance company pursuant to the provisions of part I of chapter 631; except that the office shall make no attempt to rehabilitate such insurance company.

Fla. Stat. § 628.917

ss. 664, 809(1st), ch. 82-243; ss. 9, 11, ch. 87-127; ss. 187, 188, ch. 91-108; s. 4, ch. 91-429; s.1315, ch. 2003-261; s. 7, ch. 2013-209.

Amended by 2013 Fla. Laws, ch. 209, s 7, eff. 7/1/2013.

Former s. 628.617.