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2017 Florida Statutes

Payment of claims for dual interest property.
F.S. 627.70121
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.