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2004 Florida Statutes

Section 628.917, Florida Statutes 2004

628.917  Insolvency and liquidation.--In the event that a captive insurer is insolvent as defined in chapter 631, the office shall liquidate the captive insurer pursuant to the provisions of part I of chapter 631; except that the office shall make no attempt to rehabilitate such insurer.

History.--ss. 664, 809(1st), ch. 82-243; ss. 9, 11, ch. 87-127; ss. 187, 188, ch. 91-108; s. 4, ch. 91-429; s. 1315, ch. 2003-261.

Note.--Former s. 628.617.