Florida Administrative Code
69 - DEPARTMENT OF FINANCIAL SERVICES
69O - OIR - Insurance Regulation
Chapter 69O-185 - MORTGAGE GUARANTY INSURANCE
Section 69O-185.002 - Subject of Insurance Includes
The "subject of insurance" shall include, but not be limited to, an individual, corporation, partnership, association, or other firm, including developers, contractors or any individual, partnership, corporation or firm engaged in the construction of homes, financing the purchase of real property or lending money upon the security of a mortgage thereon, or engaged in the purchasing or selling of real property for speculation. The 10% limitation in section 635.031(1), F.S., shall apply as to the "subject of insurance" and not to a specific parcel of real property.
Rulemaking Authority 635.081 FS. Law Implemented 635.031(1) FS.
New 12-24-74, Formerly 4-2.02, 4-2.002, 4-185.002.