Florida Senate - 2007 COMMITTEE AMENDMENT
Bill No. SB 4-A
Barcode 460138
CHAMBER ACTION
Senate House
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01/17/2007 10:43 AM .
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11 The Committee on Banking and Insurance (Deutch) recommended
12 the following amendment:
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14 Senate Amendment (with title amendment)
15 On page 81, lines 8-10, delete those lines
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17 and insert:
18 Section 16. Subsection (1) and paragraph (b) of
19 subsection (2) of section 624.462, Florida Statutes, are
20 amended to read:
21 624.462 Commercial self-insurance funds.--
22 (1) Any group of persons may form a commercial
23 self-insurance fund for the purpose of pooling and spreading
24 liabilities of its group members in any commercial property or
25 casualty risk or surety insurance. Any fund established
26 pursuant to subparagraph (2)(a)1. may be organized as a
27 corporation under chapter 607. Any fund established pursuant
28 to subparagraph (2)(a)4. may pool and spread liabilities of
29 its group members in any commercial residential policies.
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Florida Senate - 2007 COMMITTEE AMENDMENT
Bill No. SB 4-A
Barcode 460138
1 ================ T I T L E A M E N D M E N T ===============
2 And the title is amended as follows:
3 On page 5, line 26, following the semicolon
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5 insert:
6 providing for certain funds to pool liability;
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