(1) “Attorney,” as used in this chapter, refers to the attorney in fact of a reciprocal insurer. The attorney may be an individual, corporation, or other person.
(2) The attorney of a foreign or alien reciprocal insurer, which insurer is duly authorized to transact insurance in this state, shall not, by virtue of discharge of its duties as such attorney with respect to the insurer’s transactions in this state, be thereby deemed to be doing business in this state within the meaning of any laws of this state applying to foreign firms or corporations.
(3) The office of the attorney shall be maintained at such place as is designated by the subscribers in the power of attorney.
History.—s. 676, ch. 59-205; s. 3, ch. 76-168; s. 1, ch. 77-457; ss. 2, 3, ch. 81-318; ss. 669, 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.