634.3076 Prohibited investments and loans.—A home warranty association shall not directly or indirectly invest in or lend its funds upon the security of any note or other evidence of indebtedness of any director, officer, or controlling stockholder of the home warranty association. This prohibition applies only to investments and loans initially reported on a home warranty association’s financial statements after the third quarterly statement for 2006.
History.—s. 4, ch. 2006-272.
Section: Previous 634.303 634.304 634.305 634.3051 634.306 634.307 634.3073 634.3076 634.3077 634.3078 634.308 634.309 634.310 634.311 634.3112 NextLast modified: September 23, 2016