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Florida · Through 2026 Florida Statutes

Fla. Stat. § 625.59: Rights of insurer during solvency.

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Where this section sits in the code
  1. CHAPTER 625 ACCOUNTING, INVESTMENTS, AND DEPOSITS BY INSURERS

So long as the insurer remains solvent and is in compliance with this code, it may:

(1) Demand, receive, sue for, and recover the income from the securities or assets deposited;

(2) Exchange and substitute for the deposited securities or assets, or any part thereof, other eligible securities and assets of equivalent or greater value; and

(3) At any reasonable time inspect any such deposit.

History.—s. 175, ch. 59-205; s. 3, ch. 76-168; s. 1, ch. 77-457; ss. 2, 3, ch. 81-318; ss. 134, 809(1st), ch. 82-243; ss. 187, 188, ch. 91-108; s. 4, ch. 91-429.

Collected 2026-08-27T02:10:45Z. Source file · JSON

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