636.220 - Minimum capital requirements.

FL Stat § 636.220 (2019) (N/A)
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(1) Each discount plan organization shall at all times maintain a net worth of at least $150,000.

(2) The office may not issue a license unless the discount plan organization has a net worth of at least $150,000.

History.—s. 31, ch. 2004-297; s. 21, ch. 2017-112.