Florida Statutes 631.091 – Grounds for ancillary liquidation; foreign insurers
Current as of: 2023 | Check for updates
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Terms Used In Florida Statutes 631.091
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
The department may apply to the circuit court for an order appointing it as ancillary receiver of, and directing it to liquidate the business and assets of, a foreign insurer which has assets, business, or claims in this state upon the appointment in the domiciliary state of such insurer of a receiver, liquidator, conservator, rehabilitator, or other officer by whatever name called for the purpose of liquidating the business of such insurer.