(1) Each discount plan organization shall at all times maintain a net worth of at least $150,000.
(2) The office may not issue a license unless the discount plan organization has a net worth of at least $150,000.
Fla. Stat. § 636.220
Minimum capital requirements
History.--s. 31, ch. 2004-297; s. 21, ch. 2017-112.
Official source: Online Sunshine (Florida Legislature). Reproduced from public-domain Florida statutes; confirm against the official source for the current text. Not legal advice.