A pure captive insurance company shall submit to the office for approval standards to ensure that a parent or affiliated company is able to exercise control of the risk management function of any controlled unaffiliated business to be insured by the pure captive insurance company.
Fla. Stat. § 628.919
Standards to ensure risk management control by parent company
History.--s. 33, ch. 2012-151; s. 8, ch. 2013-209.
Official source: Online Sunshine (Florida Legislature). Reproduced from public-domain Florida statutes; confirm against the official source for the current text. Not legal advice.