Annotations, Discussions, Cases:
Cases Citing Statute 631.001
Total Results: 8
679 So. 2d 1250, 1996 Fla. App. LEXIS 9462, 1996 WL 517155
District Court of Appeal of Florida | Filed: Sep 13, 1996 | Docket: 1665821
Cited 7 times | Published
...Thereafter, the Arizona court extended the stay indefinitely, authorizing the receiver to waive the stay on a case-by-case basis. We conclude that the receiver has not waived the stay in this action. Both Florida and Arizona have enacted versions of the UILA. See § 631.001.399, Fla.Stat....
...16, 769 P.2d 69 (1989) (honoring New Jersey stay in Nevada). In the absence of a federal bankruptcy statute covering insurance companies, there are many reasons why states have chosen to cooperate with one another concerning insurance insolvency. See, e.g., § 631.001(4), Fla....
400 So. 2d 813
District Court of Appeal of Florida | Filed: Jun 30, 1981 | Docket: 1677030
Cited 5 times | Published
...and punctuation. We reject also the Department's contention that its reading, which it admits would be assisted by the placing of a comma after the word "called," is more compatible with the obvious legislative intent of IRLA. The "purpose" clause, Section 631.001(4), declares that the purpose of the act is "the protection of the interests of insureds, creditors, and the public generally," through (a) Early detection of any potentially dangerous condition in an insurer and prompt application of...
...s ancillary receiver, in the marshalling and liquidation of assets of a foreign insurer, shall not conflict with the rights of the domiciliary receiver. Our interpretation of Section 631.091 is in harmony with the purposes of the act as set forth in Section 631.001(4)(a)-(d), earlier referred to, and with specific provisions of the act above discussed, as well as others....
405 So. 2d 306
District Court of Appeal of Florida | Filed: Nov 4, 1981 | Docket: 1703740
Cited 4 times | Published
...Dunes Towers Association, Inc., 380 So.2d 572 (Fla. 4th DCA 1980). We find that the order directing deposit of the funds into the court registry constitutes a prohibited interference with receivership assets. The Uniform Insurers Liquidation Act, adopted in both Florida and New Mexico, Section 631.001 et seq., Florida Statutes, and Article 59-6-7 et seq., New Mexico Statutes, provides that the claim against the appellant must be proved in New Mexico because no ancillary receiver has been appointed in Florida....
509 So. 2d 366, 12 Fla. L. Weekly 1494
District Court of Appeal of Florida | Filed: Jun 17, 1987 | Docket: 1361758
Cited 3 times | Published
...ht to offset by application of section 631.281, Florida Statutes. Chapter 631, Florida Statutes, the Insurers Rehabilitation and Liquidation Act, is intended to effect an equitable apportionment of any unavoidable loss due to insurer insolvency. See section 631.001(4)(d), Florida Statutes....
768 F. Supp. 1562, 1991 U.S. Dist. LEXIS 10844, 1991 WL 152818
District Court, S.D. Florida | Filed: Jun 28, 1991 | Docket: 2265947
Cited 1 times | Published
...Its purpose is to protect the interests of insureds, creditors, and the public generally through "[e]nhanced efficiency and economy of liquidation through clarification and specification of the law to minimize legal uncertainty and litigation." Fla.Stat. § 631.001(4) (1989). The Act "shall be so interpreted and construed as to effectuate its general purpose to make uniform the law of those states which in substance and effect enact [the Act]." Id. at § 631.001(5)....
...ngs and related state court actions. [9] It is therefore ORDERED and ADJUDGED as follows: 1. The Motion (DE 4) is GRANTED. 2. This action is DISMISSED. 3. The Clerk of the Court is directed to close this file. DONE and ORDERED. NOTES [1] Fla.Stat. §§ 631.001-631.399 (1989)....
495 So. 2d 902, 11 Fla. L. Weekly 2149
District Court of Appeal of Florida | Filed: Oct 14, 1986 | Docket: 1727912
Published
...ourt. The court thereafter conducts a hearing upon providing notice "to such persons as shall appear to the court to be interested therein." Section 631.181(3) (e.s.). All interested persons are entitled to appear at the hearing. Section 631.181(4). Section 631.001(4) provides that the purpose of the act "is [for] the protection of the interests of insureds, creditors and the public generally... ." (e.s.) Absent from the purpose of the act is the protection of shareholders of the insolvent insurance company. Section 631.001(3) provides that the act "shall be liberally construed to effect the purpose stated in subsection (4)." The order of the trial court holding that appellants did not have standing is consistent with the construction of Chapter 631 and cannot be characterized as an abuse of discretion by the trial court....