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The Florida Statutes

The 2018 Florida Statutes

Title XXXVII
INSURANCE
Chapter 630
ALIEN INSURERS: TRUSTEED ASSETS; DOMESTICATION
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F.S. 630.041
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.