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The Florida Senate

2009 Florida Statutes

Payment of claims for dual interest property.
Section 627.70121, Florida Statutes 2009

627.70121  Payment of claims for dual interest property.--For policies issued or renewed on or after October 1, 2006, a property insurer shall transmit claims payments directly to the primary policyholder by check or other allowable payment method, payable to the primary policyholder only, without requiring a dual endorsement from any mortgageholder or lienholder, for amounts payable under the policy for personal property and contents, additional living expenses, and other covered items that are not subject to a recorded security interest that is noted in the dual interest provision of the policy.

History.--s. 22, ch. 2006-12.