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§ 625.57 — Florida Law | CourtGPT
  1. Home/
  2. Laws/
  3. Florida/
  4. Title Xxxvii - Insurance/
  5. Chapter 625 - Accounting, Investments, and Deposits by Insurers/
  6. Part III - Administration of Deposits (Ss. 625.50-625.63)625.50 - Authorized Deposits of Insurers and Agents/
  7. § 625.57
Florida Legal Code

§ 625.57

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625.57 Appraisal.—The office or department may, in its discretion, prior to acceptance for deposit of any particular asset or security, or at any time thereafter while so deposited, have the same appraised or valued by competent appraisers. The reasonable costs of any such appraisal or valuation shall be borne by the insurer.History.—s. 173, ch. 59-205; ss. 13, 35, ch. 69-106; s. 3, ch. 76-168; s. 1, ch. 77-457; ss. 2, 3, ch. 81-318; ss. 134, 809(1st), ch. 82-243; ss. 187, 188, ch. 91-108; s. 4, ch. 91-429; s. 896, ch. 2003-261.