Florida Administrative Code
69 - DEPARTMENT OF FINANCIAL SERVICES
69O - OIR - Insurance Regulation
Chapter 69O-196 - PREMIUM FINANCE COMPANIES
Section 69O-196.004 - Determination of Net Worth of Premium Finance Companies
Universal Citation: FL Admin Code R 69O-196.004
Current through Reg. 50, No. 187; September 24, 2024
(1) The Office shall use the applicable criteria as set forth under Section 625.012, F.S., for the purpose of determining which kinds of assets will be allowed in determining the net worth of premium finance companies.
(2) The Office shall use the applicable criteria as set forth under Section 625.031, F.S., to determine which kinds of assets will not be allowed in determining the net worth of premium finance companies.
Rulemaking Authority 624.308(1), 627.828(2) FS. Law Implemented 624.307(1), 627.828 FS.
New 10-20-73, Repromulgated 12-24-74, Formerly 4-18.04, 4-18.004, 4-196.004.
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