Florida Statutes
Part III - Service Warranty Associations (Ss. 634.401-634.444)
634.411 - Order; notice of suspension or revocation of license; effect; publication.


(1) Suspension or revocation of a service warranty association’s license shall be by order of the office mailed to the association by registered or certified mail. The office shall also promptly give notice of such suspension or revocation to the association’s sales representatives in this state which are of record with the department. The association shall not solicit or write any new service warranties in this state during the period of any such suspension or revocation.
(2) In its discretion, the office may cause notice of any such revocation or suspension to be published in one or more newspapers of general circulation published in this state.
(3) When the license is surrendered, nonrenewed, or revoked, the association shall proceed, immediately following the effective date of the surrender, nonrenewal, or order of revocation, to conclude the affairs transacted under this part. The association shall not solicit, negotiate, advertise, or effectuate new or renewal service warranty contracts. The office retains jurisdiction over the association as it may find to be in the best interest of the contract holders until all contracts have been fulfilled, canceled, or expired.
History.—s. 5, ch. 78-255; s. 3, ch. 81-148; s. 2, ch. 81-318; s. 3, ch. 83-265; ss. 36, 37, 38, ch. 83-322; s. 55, ch. 91-106; s. 20, ch. 93-195; s. 1496, ch. 2003-261.

Structure Florida Statutes

Florida Statutes

Title XXXVII - Insurance

Chapter 634 - Warranty Associations

Part III - Service Warranty Associations (Ss. 634.401-634.444)

634.401 - Definitions.

634.402 - Powers of department, commission, and office; rules.

634.4025 - Part exclusive; applicability of other laws.

634.403 - License required; exemptions.

634.404 - Qualifications for license.

634.405 - Required deposit or bond.

634.4051 - Levy upon deposit limited.

634.406 - Financial requirements.

634.4061 - Assets and liabilities.

634.4062 - Prohibited investments and loans.

634.4065 - Guarantee agreements.

634.407 - Application for and issuance of license.

634.408 - License continuance.

634.4085 - Acquisition.

634.409 - Grounds for suspension or revocation of license.

634.411 - Order; notice of suspension or revocation of license; effect; publication.

634.412 - Duration of suspension; obligations of association during suspension; reinstatement.

634.413 - Administrative fine in lieu of suspension or revocation.

634.414 - Forms; required provisions.

634.4145 - Noncompliant forms.

634.415 - Tax on premiums; annual statement; reports.

634.416 - Examination of associations.

634.4165 - Office records required.

634.417 - Service of process.

634.419 - License and appointment required.

634.420 - License and appointment of sales representatives.

634.421 - Reporting and accounting for funds.

634.422 - Grounds for compulsory refusal, suspension, or revocation of license or appointment of sales representatives.

634.4225 - Rebating; when allowed.

634.423 - Grounds for discretionary refusal, suspension, or revocation of license or appointment of sales representatives.

634.424 - Procedure for refusal, suspension, or revocation of license or appointment of sales representatives.

634.425 - Duration of suspension or revocation.

634.426 - Administrative fine in lieu of suspension or revocation of license or appointment.

634.427 - Disposition of taxes and fees.

634.428 - Insurance business not authorized.

634.429 - Fronting not permitted.

634.430 - Dissolution or liquidation.

634.431 - Penalty for violation.

634.433 - Civil remedy.

634.435 - Unfair methods of competition and unfair or deceptive acts or practices prohibited.

634.436 - Unfair methods of competition and unfair or deceptive acts or practices defined.

634.437 - Power of department and office to examine and investigate.

634.438 - Prohibited practices; hearings; procedure; service of process.

634.4385 - Unauthorized entities; gifts and grants.

634.439 - Cease and desist and penalty orders.

634.44 - Appeals from orders of the department or office.

634.441 - Penalty for violation of cease and desist order.

634.442 - Injunctive proceedings.

634.443 - Civil liability.

634.444 - Investigatory records.