Florida § 631.071 Grounds for conservation; foreign insurers

Florida Statutes

§ 631.071 — Grounds for conservation; foreign insurers

Florida § 631.071

TitleXXXVII

Ch. 631INSURER INSOLVENCY; GUARANTY OF PAYMENT

This text of Florida § 631.071 (Grounds for conservation; foreign insurers) 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. § 631.071 (2026).

Text

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:

(1)Upon any of the grounds specified in s. 631.051 or s. 631.061, or

(2)Upon the ground that its property has been sequestrated in its domiciliary sovereignty or in any other sovereignty.

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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:

(1) Upon any of the grounds specified in s. 631.051 or s. 631.061, or

(2) Upon the ground that its property has been sequestrated in its domiciliary sovereignty or in any other sovereignty.