{"data":{"id":"us-fl/fla.-stat.-624.83","jurisdiction":"us-fl","citation":"Fla. Stat. § 624.83","heading":"Prohibited acts during period of supervision.","body":"The office may provide that the insurer may not conduct the following activities during the period of supervision, without prior approval by the office:\n(1) Dispose of, convey, or encumber any of its assets or its business in force;\n(2) Withdraw any of its bank accounts;\n(3) Lend any of its funds;\n(4) Invest any of its funds;\n(5) Transfer any of its property;\n(6) Incur any debt, obligation, or liability;\n(7) Merge or consolidate with another company;\n(8) Enter into any new reinsurance contract or treaty;\n(9) Terminate, surrender, forfeit, convert, or lapse any insurance policy, certificate, or contract of insurance, except for nonpayment of premiums due;\n(10) Release, pay, or refund premium deposits, accrued cash or loan values, unearned premiums, or other reserves on any insurance policy or certificate; or\n(11) Make any material change in management.\nHistory.—ss. 71, 72, ch. 89-360; s. 4, ch. 91-429; s. 859, ch. 2003-261.","path":["TITLE XXXVII INSURANCE","CHAPTER 624 INSURANCE CODE: ADMINISTRATION AND GENERAL PROVISIONS"],"source_url":"https://www.leg.state.fl.us/statutes/index.cfm?App_mode=Display_Statute\u0026URL=0600-0699/0624/0624.html","current_through":"2026 Florida Statutes","vintage":"","retrieved_at":"2026-08-27T02:10:43Z","sha256":"9055f1245b0188428b407e02a1ddc32429c4a83d312fdef49149a00cfe89c26f","source_id":"us-fl","stale":false,"prev":"us-fl/fla.-stat.-624.82","next":"us-fl/fla.-stat.-624.84"},"notice":"GroundRules: Original legal text. Not legal advice."}