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.
Section: Previous 630.011 630.021 630.031 630.041 630.051 630.061 630.071 630.081 630.091 630.101 630.111 630.121 630.131 630.141 630.151 NextLast modified: September 23, 2016