Florida Statute 631.826 | Lawyer Caselaw & Research

The 2024 Florida Statutes

Title XXXVII
INSURANCE

Chapter 631
INSURER INSOLVENCY; GUARANTY OF PAYMENT

View Entire Chapter

F.S. 631.826

631.826 Extent of liability of plan.—For the purpose of carrying out its obligations under this part, the plan shall be deemed to be a priority creditor of the insolvent HMO. Assets of the insolvent HMO shall be used to continue all covered policies of the insolvent HMO as permitted by this part, to the extent such assets are available. If an HMO is rehabilitated, the HMO shall repay to the plan such funds expended by the association for or on behalf of that HMO, together with interest at 12 percent per year. Such repayment terms shall be as reasonably set by the board.

History.—ss. 1, 23, ch. 88-388; ss. 187, 188, ch. 91-108; s. 4, ch. 91-429.

F.S. 631.826 on Google Scholar

F.S. 631.826 on Casetext

Amendments to 631.826

Arrestable Offenses / Crimes under Fla. Stat. 631.826

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

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 631.826.

Annotations, Discussions, Cases:

Cases Citing Statute 631.826

Total Results: 1

Lucas v. BankAtlantic

Court: Fla. Dist. Ct. App. | Date Filed: 2006-06-21T00:53:00-07:00

Citation: 944 So. 2d 1031

Snippet: warranties provided for in the UCC." Id. at 631, 826 A.2d 504. In an unreported opinion, the intermediate