Florida Statutes
§ 635.061 — Premium cost
Florida § 635.061
This text of Florida § 635.061 (Premium cost) 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. § 635.061 (2026).
Text
For purposes of computing finance charges or determining whether a mortgage loan is usurious, any premium cost of mortgage guaranty insurance that is paid by or collected from the mortgagor as a separate charge shall be deemed to not constitute a part of the cost of, or interest upon, or charges or consideration or an amount in excess of permitted charges in connection with, any mortgage loan.
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Legislative History
s. 6, ch. 59-182; s. 2, ch. 81-318; ss. 7, 11, 12, ch. 83-281; s. 15, ch. 92-328; s. 5, ch. 93-21.
Nearby Sections
11
§ 635.011
Definitions§ 635.031
Additional limitations§ 635.041
Contingency reserve§ 635.042
Minimum surplus requirement§ 635.061
Premium cost§ 635.075
Restoration of property§ 635.081
Administration and enforcementCite This Page — Counsel Stack
Bluebook (online)
Florida § 635.061, Counsel Stack Legal Research, https://law.counselstack.com/statute/fl/635.061.