Florida Statutes Section 628.917 - Insolvency And Liquidation. (Fla. Stat. § 628.917)

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.

History.—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.

Note.—Former s. 628.617.

Section: Previous  628.908  628.909  628.910  628.911  628.912  628.913  628.914  628.9141  628.9142  628.915  628.917  628.918  628.919  628.920    Next

Last modified: September 23, 2016