(1) Establish procedures for handling the assets of the corporation.
(2) Establish regular places and times for meetings of the board of directors.
(3) Establish procedures for keeping records of all financial transactions of the corporation, its agents, and the board of directors.
(4) Establish procedures for levying and collecting assessments and deficiency surcharges.
(5) Establish procedures to allow injured workers to make claims and to adjust and pay such claims.
(6) Establish additional provisions necessary or proper for executing the powers and duties of the association.
History.—s. 20, ch. 97-262.
Structure Florida Statutes
Chapter 631 - Insurer Insolvency; Guaranty of Payment
Part V - Florida Workers’ Compensation Insurance Guaranty Association (Ss. 631.901-631.932)
631.913 - Powers and duties of the corporation.
631.917 - Prevention of insolvencies.
631.919 - Prohibited advertisement of solicitation.
631.922 - Liability of members of an impaired self-insurance fund for unpaid claims.
631.923 - Effect of paid claims.
631.924 - Stay of proceedings; reopening of default judgments.
631.927 - Assumption of liability.
631.928 - Florida Workers’ Compensation Insurance Guaranty Association Account.
631.929 - Election of remedies.
631.931 - Reports and recommendations by board; public records exemption.
631.932 - Negotiations; public meetings and records exemptions.