2024 Florida Statutes
< Back to Statute SearchTitle XXXVII INSURANCE
Chapter 631
INSURER INSOLVENCY; GUARANTY OF PAYMENT
SECTION 071Grounds for conservation; foreign insurers.
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:
(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.