Florida Statutes
Fla. Stat. § 626.893 (2025)
Period of suspension; obligations during suspension; reinstatement.
✓ 2025 Florida Statutes — current through the 2025 Regular Session
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626.893 Period of suspension; obligations during suspension; reinstatement.—
(1) A certificate of authority of an administrator shall be suspended for such period, not to exceed 1 year, as is fixed in the order of suspension, unless such suspension or the order upon which the suspension is based is modified, rescinded, or reversed.
(2) During the period of suspension, the administrator shall file its annual statement and pay fees as required under this part as if the certificate had continued in full force.
(3) Upon expiration of the suspension period, if within such period the certificate has not otherwise terminated, the certificate shall automatically be reinstated, unless the causes of the suspension have not been removed or the administrator is otherwise not in compliance with the requirements of this part.
Notes of Decisions
Cited in 1
case, 1988–1988 · leading case: Dep't of Ins. v. Dealers Ass'n Plan, 31 Fla. Supp. 2d 168 (Fla. Div. Admin. Hr'g 1988).
Dep't of Ins. v. Dealers Ass'n Plan, 31 Fla. Supp. 2d 168 (Fla. Div. Admin. Hr'g 1988). “Based on the foregoing, it is further recommended that the Final Order suspend the certificate of authority of Respondent, pursuant to FS § 626.893, for a period of three months from the effective date of the Final Order, for violation of FS § 626.”
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