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Fla. Stat. § 628.917

Insolvency and liquidation

Showing this section's text as in effect on January 1, 2011 (in force January 1, 2011 – January 1, 2013). View current text →

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.

Official source: Online Sunshine (Florida Legislature). Reproduced from public-domain Florida statutes; confirm against the official source for the current text. Not legal advice.