Florida Statutes 626.536 – Reporting of administrative actions
Current as of: 2023 | Check for updates
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Terms Used In Florida Statutes 626.536
- Fiduciary: A trustee, executor, or administrator.
- Fraud: Intentional deception resulting in injury to another.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
Within 30 days after the final disposition of an administrative action taken against a licensee by a governmental agency or other regulatory agency in this or any other state or jurisdiction relating to the business of insurance, the sale of securities, or activity involving fraud, dishonesty, trustworthiness, or breach of a fiduciary duty, the licensee must submit a copy of the order, consent to order, or other relevant legal documents to the department. The department may adopt rules to administer this section.