Skip to Navigation | Skip to Main Content | Skip to Site Map

MyFloridaHouse.gov | Flsenate.gov Archives | Mobile Site

Senate Tracker: Sign Up | Login

2011 Florida Statutes

SECTION 8015
'Indeterminate value contracts' and 'variable contracts' defined.
F.S. 627.8015
627.8015 “Indeterminate value contracts” and “variable contracts” defined.For the purposes of this part:
(1) “Indeterminate value contracts” means annuity contracts, life insurance contracts, and contracts upon the lives of beneficiaries under life insurance contracts when such annuities or contracts provide variable or indeterminate benefits, values, or premiums.
(2) “Variable contracts” means indeterminate value contracts for which assets are held in a separate account.
History.ss. 586, 809(2nd), ch. 82-243; s. 79, ch. 82-386; s. 114, ch. 92-318.