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2011 Florida Statutes

F.S. 628.907
628.907 Minimum capital and surplus.No captive insurer shall be issued a license unless it possesses and thereafter maintains:
(1) Unimpaired paid-in capital of at least $500,000; and
(2) Unimpaired surplus of at least $250,000.
History.ss. 664, 809(1st), ch. 82-243; ss. 4, 11, ch. 87-127; ss. 187, 188, ch. 91-108; s. 4, ch. 91-429.
Note.Former s. 628.605.