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.
Fla. Stat. § 628.907
Minimum capital and surplus
Showing this section's text as in effect on January 1, 2011 (in force January 1, 2011 – January 1, 2012). View current text →
Official source: Online Sunshine (Florida Legislature). Reproduced from public-domain Florida statutes; confirm against the official source for the current text. Not legal advice.