| 1 | A bill to be entitled |
| 2 | An act relating to surplus lines insurers; amending s. |
| 3 | 626.913, F.S.; specifying nonapplication of certain |
| 4 | provisions of law to surplus lines insurers; providing for |
| 5 | retroactive application; providing severability; providing |
| 6 | an effective date. |
| 7 |
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| 8 | Be It Enacted by the Legislature of the State of Florida: |
| 9 |
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| 10 | Section 1. Subsection (4) is added to section 626.913, |
| 11 | Florida Statutes, to read: |
| 12 | 626.913 Surplus Lines Law; short title; purposes.-- |
| 13 | (4) Except as may be specifically stated to apply to |
| 14 | surplus lines insurers, the provisions of chapter 627 do not |
| 15 | apply to surplus lines insurance authorized under ss. 626.913- |
| 16 | 626.937, the Surplus Lines Law. |
| 17 | Section 2. If any provision of this act or the application |
| 18 | thereof to any person or circumstance is held invalid, the |
| 19 | invalidity shall not affect other provisions or applications of |
| 20 | the act which can be given effect without the invalid provision |
| 21 | or application, and to this end the provisions of this act are |
| 22 | declared severable. |
| 23 | Section 3. This act shall take effect upon becoming a law |
| 24 | and shall operate retroactively to October 1, 1988. |