{"data":{"id":"us-fl/fla.-stat.-642.0262","jurisdiction":"us-fl","citation":"Fla. Stat. § 642.0262","heading":"Net worth required to maintain certificate of authority.","body":"To maintain a certificate of authority to transact legal expense insurance, a legal expense insurance corporation must maintain a net worth of not less than the greater of:\n(1) Ten thousand dollars; or\n(2) Ten percent of the insurer’s total liabilities.\nHistory.—ss. 4, 7, ch. 93-147; s. 83, ch. 2000-158.","path":["CHAPTER 642 LEGAL EXPENSE INSURANCE"],"source_url":"https://www.leg.state.fl.us/statutes/index.cfm?App_mode=Display_Statute\u0026URL=0600-0699/0642/0642.html","current_through":"2026 Florida Statutes","vintage":"","retrieved_at":"2026-08-27T02:11:11Z","sha256":"53ddffd60e6993461e97fe5e30fdcbb8b2bed8e5a77d55cfe9a9213a863e3f5f","source_id":"us-fl","stale":false,"prev":"us-fl/fla.-stat.-642.0261","next":"us-fl/fla.-stat.-642.027"},"notice":"GroundRules: Original legal text. Not legal advice."}