(1) Arrangements are prohibited from paying any fees, other than for reimbursement of specific expenses, to its sponsoring association unless the services rendered to the arrangement are available to the arrangement from persons, or companies other than the sponsoring association.

Ask an insurance law question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

    (2) The fees for such services shall not be in excess of what would be charged in an arms length transaction. Reasonable fees may also be determined by comparing those charged to other arrangements in Florida.
Rulemaking Authority 624.4431 FS. Law Implemented 624.4411(1), (2) FS. History-New 7-28-94, Formerly 4-192.038.