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§ 625.59 — 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. § 625.59
Florida Legal Code

§ 625.59

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625.59 Rights of insurer during solvency.—So long as the insurer remains solvent and is in compliance with this code, it may:(1) Demand, receive, sue for, and recover the income from the securities or assets deposited;(2) Exchange and substitute for the deposited securities or assets, or any part thereof, other eligible securities and assets of equivalent or greater value; and(3) At any reasonable time inspect any such deposit.History.—s. 175, ch. 59-205; 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.