1 | A bill to be entitled |
2 | An act relating to home warranty associations; amending s. |
3 | 634.312, F.S.; revising a prohibition against Office of |
4 | Insurance Regulation approval of certain forms; providing |
5 | an effective date. |
6 |
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7 | Be It Enacted by the Legislature of the State of Florida: |
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9 | Section 1. Subsection (3) of section 634.312, Florida |
10 | Statutes, is amended to read: |
11 | 634.312 Filing, approval of forms.-- |
12 | (3) The office shall not approve any such form which |
13 | imposes allows for more than nine annual renewals or which |
14 | renewal contracts provide that the cost of renewal exceeds the |
15 | then-current cost for new warranty contracts or impose a fee for |
16 | inspection of the premises. |
17 | Section 2. This act shall take effect July 1, 2006. |