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2011 Florida Statutes

F.S. 636.045
636.045 Minimum surplus requirements.
(1) Each prepaid limited health service organization must at all times maintain a minimum surplus in an amount which is the greater of $150,000 or 10 percent of total liabilities.
(2) The office may not issue a certificate of authority unless the prepaid limited health service organization has a minimum surplus in an amount of $150,000 or 10 percent of liabilities, whichever is the greater amount.
History.s. 36, ch. 93-148; s. 21, ch. 2000-209; s. 1539, ch. 2003-261.