Florida Statute 624.83 | Lawyer Caselaw & Research

The 2024 Florida Statutes

Title XXXVII
INSURANCE

Chapter 624
INSURANCE CODE: ADMINISTRATION AND GENERAL PROVISIONS

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F.S. 624.83

624.83 Prohibited acts during period of supervision.—The office may provide that the insurer may not conduct the following activities during the period of supervision, without prior approval by the office:

(1) Dispose of, convey, or encumber any of its assets or its business in force;

(2) Withdraw any of its bank accounts;

(3) Lend any of its funds;

(4) Invest any of its funds;

(5) Transfer any of its property;

(6) Incur any debt, obligation, or liability;

(7) Merge or consolidate with another company;

(8) Enter into any new reinsurance contract or treaty;

(9) Terminate, surrender, forfeit, convert, or lapse any insurance policy, certificate, or contract of insurance, except for nonpayment of premiums due;

(10) Release, pay, or refund premium deposits, accrued cash or loan values, unearned premiums, or other reserves on any insurance policy or certificate; or

(11) Make any material change in management.

History.—ss. 71, 72, ch. 89-360; s. 4, ch. 91-429; s. 859, ch. 2003-261.

F.S. 624.83 on Google Scholar

F.S. 624.83 on Casetext

Amendments to 624.83

Arrestable Offenses / Crimes under Fla. Stat. 624.83

Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 624.83.

Annotations, Discussions, Cases:

Cases Citing Statute 624.83

Total Results: 6

Dussich v. Dussich

Court: Fla. Dist. Ct. App. | Date Filed: 1984-05-02T00:00:00-07:00

Citation: 449 So. 2d 395, 1984 Fla. App. LEXIS 13148

Snippet: Jr., Associate Judge, concur. Nos. 83-624, 83-1118 District Court of Appeal of Florida fladistctapp

Revell v. Crews

Court: Fla. Dist. Ct. App. | Date Filed: 1957-10-04T00:00:00-08:00

Citation: 97 So. 2d 336

Snippet: unavailing. Revell alleges a net balance of $59,624.83 exists to be divided between him and Crews based…65,000.00 Net balance to be divided Total 82,629.78 59,624.83 It is obvious from the initial order of the court

Ullendorff v. Graham

Court: Fla. | Date Filed: 1922-05-19T00:00:00-08:00

Citation: 83 Fla. 628, 92 So. 624

Snippet: Ellis, Taylor, West, Whitfield 19 May 1922 92 So. 624, 83 Fla. 628 Gramling & Clarkson, for Appellant

Waddell v. Vanderpool

Court: Fla. | Date Filed: 1922-01-24T00:00:00-08:00

Citation: 83 Fla. 76, 90 So. 624

Snippet: Vanderpool, in Error 24 January 1922 90 So. 624, 83 Fla. 76 Price, Price & Small, for Plaintiff

American Lumber & Export Co. v. Gainesville Planing & Coffin Co.

Court: Fla. | Date Filed: 1922-01-19T00:00:00-08:00

Citation: 83 Fla. 28, 90 So. 624

Snippet: Coffin Company, in Error 19 January 1922 90 So. 624, 83 Fla. 28 G. B. Layton and T. B. Ellis, Jr., for

Hansford v. Klein

Court: Fla. | Date Filed: 1922-01-17T00:00:00-08:00

Citation: 83 Fla. 25, 90 So. 624, 1922 Fla. LEXIS 501

Snippet: Klein and Max L. Bear 17 January 1922 90 So. 624, 83 Fla. 25, 1922 Fla. LEXIS 501 Sullivan & Sullivm