Florida Statute 631.738 - Full Text and Legal Analysis

631.738 Applicability as to certain health maintenance organizations.—

(1) The provisions of this part which relate to assessments for long-term care insurer impairments and insolvencies do not apply to any nonprofit health maintenance organization that operates only in this state and whose statutory capital and surplus is less than $200 million as of December 31 of the year preceding the year in which the assessment is made.

(2) This section, as created by this act, and the amendments made to ss. 631.713, 631.717, 631,718, 631.721, and 631.818-631.820 by this act apply only to long-term care insurer impairment and insolvency assessments that result from an insurer being adjudged insolvent by a court of competent jurisdiction or being determined by the office to be impaired on or after the effective date of this act.

History.—ss. 6, 12, ch. 2019-83.

No results found for statute 631.738.

This Florida statute resource is curated by the lawyer who curates this resource, a Jacksonville, Florida personal injury and workers' compensation attorney (Florida Bar No. 39104). For legal consultation, call 904-383-7448.