(1) Have and use a business name. The name shall include the word “reciprocal,” or “interinsurer,” or “interinsurance,” or “exchange,” or “underwriters,” or “underwriting,” but this requirement shall not apply as to any insurer holding a certificate of authority to transact insurance in this state immediately prior to the effective date of this code.
(2) Sue and be sued in its own name.
History.—s. 675, ch. 59-205; s. 3, ch. 76-168; s. 1, ch. 77-457; ss. 2, 3, ch. 81-318; ss. 681, 809(1st), ch. 82-243; ss. 187, 188, ch. 91-108; s. 4, ch. 91-429.
Structure Florida Statutes
Chapter 629 - Reciprocal Insurers
629.011 - “Reciprocal Insurance” Defined.
629.021 - “Reciprocal Insurer” Defined.
629.041 - Insuring Powers of Reciprocals.
629.071 - Surplus Funds Required.
629.081 - Organization of Reciprocal Insurer.
629.091 - Certificate of Authority.
629.131 - Deposit in Lieu of Bond.
629.161 - Contributions to Insurer.
629.181 - Financial Condition; Method of Determining.
629.191 - Who May Be Subscribers.
629.201 - Subscribers’ Advisory Committee.
629.211 - Subscribers’ Liability.
629.221 - Subscribers’ Liability; on Judgment.
629.241 - Time Limit for Assessments.
629.251 - Aggregate Liability.
629.261 - Nonassessable Policies.
629.271 - Distribution of Savings.
629.281 - Subscribers’ Share in Assets.
629.291 - Merger or Conversion.