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The Florida Senate

2024 Florida Statutes

PART I
STOCK AND MUTUAL INSURERS: ORGANIZATION AND CORPORATE PROCEDURES
(ss. 628.011-628.535)

STOCK AND MUTUAL INSURERS: ORGANIZATION AND CORPORATE PROCEDURES

628.011
Scope of part.
628.021
“Stock insurer” defined.
628.031
“Mutual insurer” defined.
628.041
Applicability of general corporation statutes.
628.051
Application for permit to form insurer; contents; fee.
628.061
Investigation of proposed organization.
628.071
Granting, denial of permit.
628.081
Incorporation of domestic insurer.
628.091
Filing, approval of articles of incorporation.
628.101
Amendment of certificate of incorporation; stock insurer.
628.111
Amendment of articles of incorporation; mutual insurer.
628.121
Capital stock; amount; payment.
628.131
Limitation on organization and stock sales expenses.
628.151
Insurance business exclusive.
628.152
Domestic stock insurers; proxies, consents, and authorizations with respect to any voting security.
628.161
Initial qualifications; mutuals.
628.171
Formation of mutual insurer; bond.
628.221
Bylaws of mutual insurer.
628.231
Directors.
628.251
Management and exclusive agency contracts.
628.255
Person with effective control cannot receive commission unless contract approved; penalties.
628.261
Notice of change of director or officer.
628.271
Office and records; penalty for unlawful removal of records.
628.281
Exceptions to requirement that office, records, and assets be maintained in this state.
628.291
Unauthorized transactions in other states.
628.301
Membership in mutual insurer.
628.341
Nonassessable policies; mutual insurers.
628.351
Nonassessable policies; revocation of authority of mutual insurer.
628.361
Participating policies.
628.371
Dividends to stockholders.
628.381
Dividends to mutual policyholders.
628.391
Illegal dividends; penalty.
628.401
Borrowed surplus.
628.411
Impairment of capital or assets.
628.421
Assessment of stockholders or members.
628.431
Mutualization of stock insurers.
628.441
Converting mutual insurer.
628.451
Merger or share exchange of stock insurers and other entities.
628.461
Acquisition of controlling stock.
628.4615
Specialty insurers; acquisition of controlling stock, ownership interest, assets, or control; merger or consolidation.
628.471
Mergers; mutual insurers.
628.481
Bulk reinsurance; stock insurers.
628.491
Mergers and consolidations; mutual insurers; agreement of bulk reinsurance.
628.501
Mutual member’s share of assets on liquidation.
628.511
Ownership or transfer of securities without physical delivery of certificates.
628.520
Change of domicile of a foreign insurer.
628.525
Change of domicile of a domestic insurer.
628.530
Effects of redomestication.
628.535
Authority to adopt rules.