Florida Statute 625.59 | Lawyer Caselaw & Research

The 2024 Florida Statutes

Title XXXVII
INSURANCE

Chapter 625
ACCOUNTING, INVESTMENTS, AND DEPOSITS BY INSURERS

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F.S. 625.59

625.59 Rights of insurer during solvency.—So long as the insurer remains solvent and is in compliance with this code, it may:

(1) Demand, receive, sue for, and recover the income from the securities or assets deposited;

(2) Exchange and substitute for the deposited securities or assets, or any part thereof, other eligible securities and assets of equivalent or greater value; and

(3) At any reasonable time inspect any such deposit.

History.—s. 175, ch. 59-205; s. 3, ch. 76-168; s. 1, ch. 77-457; ss. 2, 3, ch. 81-318; ss. 134, 809(1st), ch. 82-243; ss. 187, 188, ch. 91-108; s. 4, ch. 91-429.

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Amendments to 625.59

Arrestable Offenses / Crimes under Fla. Stat. 625.59

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

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 625.59.

Annotations, Discussions, Cases:

Cases Citing Statute 625.59

Total Results: 6

Ferraro v. Mazurek

Court: District Court of Appeal of Florida | Date Filed: 1993-07-09

Citation: 621 So. 2d 532, 1993 Fla. App. LEXIS 7306, 1993 WL 247123

Snippet: Armour Fertilizer Works, 237 U.S. 413, 35 S.Ct. 625, 59 L.Ed. 1027 (1915) (due process requires notice

Hill v. HCA Health Services of Florida, Inc.

Court: District Court of Appeal of Florida | Date Filed: 1991-06-26

Citation: 582 So. 2d 701, 1991 Fla. App. LEXIS 6116

Snippet: Coe v. Armour Fertilizer, 237 U.S. 413, 35 S.Ct. 625, 59 L.Ed. 1027 (1915), held unconstitutional a Florida

In Re Hill

Court: District Court of Appeal of Florida | Date Filed: 1991-06-26

Citation: 582 So. 2d 701, 1991 WL 115160

Snippet: Coe v. Armour Fertilizer, 237 U.S. 413, 35 S.Ct. 625, 59 L.Ed. 1027 (1915), held unconstitutional a Florida

Sorrells Bros. Packing Co., Inc. v. Union State Bank

Court: District Court of Appeal of Florida | Date Filed: 1962-08-01

Citation: 144 So. 2d 74

Snippet: National Bank of Auburn, C.A. 5, 1957, 238 F.2d 625, 59 *76 A.L.R.2d 1164; and on cases cited and digested

Harper v. England

Court: Supreme Court of Florida | Date Filed: 1936-05-18

Citation: 168 So. 403, 124 Fla. 296, 1936 Fla. LEXIS 1112

Snippet: 326, 60 So. 350; Hendricks v. Maryland,235 U.S. 625, 59 L. Ed., text 391; Kane v. New Jersey, 242 U.S.

Williams & Nobbs, Inc. v. Leon

Court: Supreme Court of Florida | Date Filed: 1932-12-29

Citation: 145 So. 191, 107 Fla. 487

Snippet: Armour Fertilizer Works, 237 U.S. 413,35 Sup. Ct. 625, 59 L.Ed. 1027). It is evident from an inspection of