Florida Statutes
§ 625.304 — Authorization of investment
Florida § 625.304
This text of Florida § 625.304 (Authorization of investment) is published on Counsel Stack Legal Research, covering Florida primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Fla. Stat. § 625.304 (2026).
Text
An insurer shall not make any investment or loan, other than a policy loan or annuity contract loan of a life insurer, unless the same is authorized or approved by the insurer’s board of directors or by a committee authorized by such board and charged with the supervision or making of such investment or loan. The minutes of any such committee shall be recorded and regular reports of such committee shall be submitted to the board of directors.
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Legislative History
s. 129, ch. 59-205; s. 3, ch. 76-168; s. 1, ch. 77-457; ss. 2, 3, ch. 81-318; ss. 100, 122, 809(1st), ch. 82-243; ss. 187, 188, ch. 91-108; s. 4, ch. 91-429.
Nearby Sections
15
§ 625.01115
Definitions§ 625.012
“Assets” defined§ 625.031
Assets not allowed§ 625.041
Liabilities, in general§ 625.051
Unearned premium reserve§ 625.081
Reserve for health insurance§ 625.091
Losses and loss adjustment expense reserves; liability insurance and workers’ compensation insurance§ 625.101
Increase of inadequate loss reserves§ 625.111
Title insurance reserve§ 625.1212
Valuation of policies and contracts issued on or after the operative date of the valuation manual§ 625.1214
Use of confidential information§ 625.141
Valuation of bondsCite This Page — Counsel Stack
Bluebook (online)
Florida § 625.304, Counsel Stack Legal Research, https://law.counselstack.com/statute/fl/625.304.