Florida Statute 631.071 | Lawyer Caselaw & Research

The 2024 Florida Statutes

Title XXXVII
INSURANCE

Chapter 631
INSURER INSOLVENCY; GUARANTY OF PAYMENT

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F.S. 631.071

631.071 Grounds for conservation; foreign insurers.—The department may apply to the court for an order appointing it as receiver or ancillary receiver, and directing it to conserve the assets within this state, of a foreign insurer upon any of the following grounds:

(1) Upon any of the grounds specified in s. 631.051 or s. 631.061, or

(2) Upon the ground that its property has been sequestrated in its domiciliary sovereignty or in any other sovereignty.

History.—s. 723, ch. 59-205; ss. 13, 35, ch. 69-106; s. 809(1st), ch. 82-243; ss. 184, 187, 188, ch. 91-108; s. 4, ch. 91-429.

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Amendments to 631.071

Arrestable Offenses / Crimes under Fla. Stat. 631.071

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

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 631.071.

Annotations, Discussions, Cases:

Cases Citing Statute 631.071

Total Results: 5

Devonshire at PGA National, LLC v. State ex rel. Department of Financial Services

Court: District Court of Appeal of Florida | Date Filed: 2013-01-11

Citation: 103 So. 3d 1060, 2013 WL 132695, 2013 Fla. App. LEXIS 479

Snippet: insurer as set forth in ss. 681.051, 631.061, and 631.071, the [OIR] may petition for an appropriate court

Hobbs v. Don Mealey Chevrolet, Inc.

Court: District Court of Appeal of Florida | Date Filed: 1994-09-23

Citation: 642 So. 2d 1149, 1994 WL 515723

Snippet: orders (section 631.111). Additionally, section 631.071 authorizes the appointment of an ancillary receiver

FLORIDA INS. GUARANTY ASSOC., INC. v. State Ex Rel. Department of Insurance

Court: District Court of Appeal of Florida | Date Filed: 1981-06-30

Citation: 400 So. 2d 813

Snippet: the foreign insolvent insurers' assets, Section 631.071, unless there has first been an order for liquidation

Main Insurance v. Bradford

Court: District Court of Appeal of Florida | Date Filed: 1979-03-27

Citation: 369 So. 2d 380, 1979 Fla. App. LEXIS 14703

Snippet: receiver] was named in Florida, pursuant to Section 631.071, Florida Statutes (1977). The Illinois rehabi-litator

Gulf Life Insurance v. Newell's Inc.

Court: District Court of Appeal of Florida | Date Filed: 1969-09-29

Citation: 226 So. 2d 858, 1969 Fla. App. LEXIS 5378

Snippet: United States of America on which the sum of $30,631.71 was due, was superior to the lien of Gulf Life’s