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2004 Florida Statutes

SECTION 019
Organization of legal expense insurance corporations.
Section 642.019, Florida Statutes 2004

642.019  Organization of legal expense insurance corporations.--

(1)  Any number of corporations or adult natural persons may organize a legal expense insurance corporation under the law of this state relating to corporations generally.

(2)  The articles of incorporation shall conform to the requirements applicable to corporations, and, in addition:

(a)  The name of the corporation shall indicate that legal services or indemnity for legal expenses is to be provided; and

(b)  The purposes of the corporation shall be limited to providing legal services or indemnity for legal expenses and business reasonably related thereto.

History.--s. 1, ch. 79-103; s. 2, ch. 81-318; ss. 3, 20, 21, ch. 83-278; ss. 6, 7, ch. 93-147.