(1) A complete set of accounting records, including a general ledger, cash receipts and disbursements journals, accounts receivable registers, and accounts payable registers.
(2) A detailed warranty register, in numerical order by warranty number, of warranties in force. The register shall include the warranty number, date of issue, issuing sales representative, name of warranty holder, location of the property, warranty period, gross premium, commission to sales representative, and net premium.
(3) A detailed claims register which includes the warranty number, date of issue, date of claim, issuing sales representative, amount of claim, date claim paid, and, if applicable, disposition other than payment and reason therefor.
(4) Nothing in this section shall prohibit an association from maintaining office records by computer.
History.—ss. 14, 33, ch. 83-323; s. 1, ch. 84-94; s. 20, ch. 93-195.
Structure Florida Statutes
Chapter 634 - Warranty Associations
Part II - Home Warranty Associations (Ss. 634.301-634.348)
634.302 - Powers of department, commission, and office; rules.
634.3025 - Part exclusive; applicability of other laws.
634.304 - Qualifications for license.
634.305 - Required deposit or bond.
634.3051 - Levy upon deposit limited.
634.306 - Application for and issuance of license.
634.307 - License expiration; renewal.
634.3076 - Prohibited investments and loans.
634.3077 - Financial requirements.
634.3078 - Assets and liabilities.
634.308 - Grounds for suspension or revocation of license.
634.309 - Procedure to suspend or revoke license.
634.310 - Order, notice of suspension or revocation of license; effect; publication.
634.3112 - Administrative fine in lieu of suspension or revocation of license of association.
634.312 - Forms; required provisions and procedures.
634.3123 - Noncompliant forms.
634.313 - Tax on premiums; annual statement; reports.
634.3135 - Office records required.
634.314 - Examination of associations.
634.317 - License and appointment required.
634.318 - License and appointment of sales representatives.
634.319 - Reporting and accounting for funds.
634.3205 - Rebating; when allowed.
634.3225 - Duration of suspension or revocation of license or appointment.
634.324 - Disposition of taxes and fees.
634.325 - Insurance business not authorized.
634.326 - Fronting not permitted.
634.327 - Applicability to warranty on new home.
634.328 - Penalty for violation.
634.329 - Dissolution or liquidation.
634.331 - Coverage of property for sale.
634.335 - Unfair methods of competition and unfair or deceptive acts or practices prohibited.
634.336 - Unfair methods of competition and unfair or deceptive acts or practices defined.
634.337 - Power of department and office to examine and investigate.
634.338 - Prohibited practices; hearings; procedure; service of process.
634.3385 - Unauthorized entities; gifts and grants.
634.339 - Cease and desist and penalty orders.
634.34 - Appeals from orders of the department or office.
634.341 - Penalty for violation of cease and desist order.
634.342 - Injunctive proceedings.
634.344 - Coercion of debtor prohibited.