(1) The trustee or trustees of trusteed assets shall from time to time file with the office statements, in such form as it may designate and request in writing, certifying the character of such assets and the amounts thereof.
(2) If the trustee or trustees fail to file any such statement after request therefor and expiration of a reasonable time thereafter, the office may suspend or revoke the certificate of authority of the insurer.
History.—s. 709, ch. 59-205; ss. 13, 35, ch. 69-106; s. 809(1st), ch. 82-243; ss. 187, 188, ch. 91-108; s. 4, ch. 91-429; s. 1336, ch. 2003-261.
Structure Florida Statutes
Chapter 630 - Alien Insurers: Trusteed Assets; Domestication
630.021 - Required Deposit of Assets.
630.041 - Purpose and Duration.
630.051 - Trust Agreement; Approval; Amendment.
630.061 - Authority to Execute Trust Agreement.
630.071 - Requirements and Contents of Trust Agreement.
630.081 - Withdrawal of Assets, in General.
630.091 - Statement of Trustee.
630.101 - Examination of Assets.
630.121 - Domestication of Alien Insurer; Definitions.
630.131 - Domestication Procedure.
630.141 - Domestication Agreement; Authorization; Execution.
630.151 - Office Approval of Domestication Agreement.
630.161 - Consummation of Domestication; Transfer of Assets and Deposits.