Florida Statutes

Fla. Stat. § 628.031 (2025)

“Mutual insurer” defined.

✓ 2025 Florida Statutes — current through the 2025 Regular Session

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628.031 “Mutual insurer” defined.—A “mutual insurer” is an incorporated insurer without permanent capital stock, the governing body of which is elected in accordance with this part.

History.—s. 623, ch. 59-205; s. 3, ch. 76-168; s. 1, ch. 77-457; ss. 2, 3, ch. 81-318; ss. 665, 809(1st), ch. 82-243; s. 4, ch. 85-214; ss. 187, 188, ch. 91-108; s. 4, ch. 91-429.

Notes of Decisions

Cited in 1 case (1 in the last 5 years), 2021–2021 · leading case: SNC-Lavalin Constructors, Inc. v. Tokio Marine Kiln Ins. Ltd. (D. Maryland 2021).

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SNC-Lavalin Constructors, Inc. v. Tokio Marine Kiln Ins. Ltd. (D. Maryland 2021). “§ 17B:18-3 (defining a mutual insurer as an insurer incorporated in accordance with the laws of New Jersey without permanent capital stock); Fla. Stat. § 628.031 (defining a mutual insurer as “an incorporated insurer without permanent capital stock”); Cal.”

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