Florida Administrative Code
69 - DEPARTMENT OF FINANCIAL SERVICES
69O - OIR - Insurance Regulation
Chapter 69O-193 - CONTINUING CARE CONTRACTS
Section 69O-193.018 - Waiting List Deposits
Universal Citation: FL Admin Code R 69O-193.018
Current through Reg. 50, No. 187; September 24, 2024
Any fee in excess of $1,500 paid by a prospective resident to secure a priority right to subscribe to a continuing care agreement shall be escrowed in an escrow account governed by an escrow agreement as prescribed by Section 651.033, F.S., and shall not be released except as provided by Chapter 651, F.S.
Rulemaking Authority 651.015(3) FS. Law Implemented 651.033(4) FS.
New 7-16-92, Formerly 4-193.018.
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