Florida Statutes

Fla. Stat. § 634.3076 (2025)

Prohibited investments and loans.

✓ 2025 Florida Statutes — current through the 2025 Regular Session
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634.3076 Prohibited investments and loans.A home warranty association shall not directly or indirectly invest in or lend its funds upon the security of any note or other evidence of indebtedness of any director, officer, or controlling stockholder of the home warranty association. This prohibition applies only to investments and loans initially reported on a home warranty association’s financial statements after the third quarterly statement for 2006.
History.s. 4, ch. 2006-272.

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