reglab/housing_qa huggingface dataset:
FL Stat § 630.031 (2021)
2021 Florida Statutes|Title XXXVII - Insurance|Chapter 630 - Alien Insurers: Trusteed Assets; Domestication|630.031 - Existing Trusts.

630.031 Existing trusts.—All trusts of trusteed assets heretofore created and now existing shall be continued under the instruments creating them, unless inconsistent with the provisions of this chapter. No amendment of the deed of trust under which such assets are so held shall be effective unless approved by the office in accordance with the provisions of this chapter.History.—s. 703, ch. 59-205; ss. 13, 35, ch. 69-106; s. 809(1st), ch. 82-243; ss. 187, 188, ch. 91-108; s. 4, ch. 91-429; s. 1332, ch. 2003-261.
FL Stat § 630.041 (2021)
2021 Florida Statutes|Title XXXVII - Insurance|Chapter 630 - Alien Insurers: Trusteed Assets; Domestication|630.041 - Purpose and Duration.

630.041 Purpose and duration.—The deposit required by s. 630.021 shall be for the benefit, security, and protection of the policyholders, or policyholders and creditors, of the insurer in the United States. It shall be maintained as long as there is outstanding any liability of the insurer arising out of its insurance transactions in the United States.History.—s. 704, ch. 59-205; s. 809(1st), ch. 82-243; ss. 187, 188, ch. 91-108; s. 4, ch. 91-429.
FL Stat § 630.051 (2021)
2021 Florida Statutes|Title XXXVII - Insurance|Chapter 630 - Alien Insurers: Trusteed Assets; Domestication|630.051 - Trust Agreement; Approval; Amendment.

630.051 Trust agreement; approval; amendment.—(1) The deposit referred to in s. 630.021 shall be made under a written trust agreement between the insurer and the trustee, consistent with the provisions of this chapter; and the agreement and any amendments thereto shall be authenticated in such form and manner as the office may designate or approve.(2) The agreement shall not be effective until filed with and approved in writing by the office. If the office finds that the trust agreement is sufficient in form and in conformity with law, that the trustee or trustees are eligible as such, and that the trust agreement is adequate to protect the interests of the beneficiaries of the trust, it shall give its written approval thereof. If the office finds that any of the above-mentioned requisites do not exist, it shall refuse to approve the trust agreement.(3) If after a trust agreement has become effective the office finds that the requisites for approval of the agreement no longer exist, it may withdraw its approval.(4) A trust agreement may be amended, but no amendment shall be effective unless the agreement as so amended is found by the office to be consistent with the provisions of this chapter and the amendment is approved by it.History.—s. 705, ch. 59-205; ss. 13, 35, ch. 69-106; s. 21, ch. 78-95; s. 809(1st), ch. 82-243; ss. 187, 188, ch. 91-108; s. 4, ch. 91-429; s. 1333, ch. 2003-261.
FL Stat § 630.061 (2021)
2021 Florida Statutes|Title XXXVII - Insurance|Chapter 630 - Alien Insurers: Trusteed Assets; Domestication|630.061 - Authority to Execute Trust Agreement.

630.061 Authority to execute trust agreement.—An alien insurer proposing to use Florida as a state of entry to transact business of insurance in the United States, whether or not it is then authorized to transact insurance in this state, is authorized to make and execute any trust agreement required by this chapter.History.—s. 706, ch. 59-205; s. 809(1st), ch. 82-243; ss. 187, 188, ch. 91-108; s. 4, ch. 91-429.
FL Stat § 630.071 (2021)
2021 Florida Statutes|Title XXXVII - Insurance|Chapter 630 - Alien Insurers: Trusteed Assets; Domestication|630.071 - Requirements and Contents of Trust Agreement.

630.071 Requirements and contents of trust agreement.—Trusteed assets of an alien insurer held in this state under this chapter shall be subject to, and the trust agreement shall make provisions consistent with, the following conditions:(1) Legal title to the trusteed assets is vested in the trustee or trustees, and their successors lawfully appointed, in trust for the purposes and duration as stated in s. 630.041.(2) Substitution of a new trustee or trustees in case of a vacancy by death, resignation or otherwise may be made, subject to the office’s approval.(3) All trusteed assets shall at all times be maintained as a trust fund separate and distinct from all other assets.(4) The trustee or trustees shall maintain a record at all times sufficient to identify the assets of the trust.(5) Withdrawal of or from the trusteed assets shall be made only as provided in s. 630.081.History.—s. 707, ch. 59-205; ss. 13, 35, ch. 69-106; s. 809(1st), ch. 82-243; ss. 187, 188, ch. 91-108; s. 4, ch. 91-429; s. 1334, ch. 2003-261.
FL Stat § 630.091 (2021)
2021 Florida Statutes|Title XXXVII - Insurance|Chapter 630 - Alien Insurers: Trusteed Assets; Domestication|630.091 - Statement of Trustee.

630.091 Statement of trustee.—(1) The trustee or trustees of trusteed assets shall from time to time file with the office statements, in such form as it may designate and request in writing, certifying the character of such assets and the amounts thereof.(2) If the trustee or trustees fail to file any such statement after request therefor and expiration of a reasonable time thereafter, the office may suspend or revoke the certificate of authority of the insurer.History.—s. 709, ch. 59-205; ss. 13, 35, ch. 69-106; s. 809(1st), ch. 82-243; ss. 187, 188, ch. 91-108; s. 4, ch. 91-429; s. 1336, ch. 2003-261.
FL Stat § 630.101 (2021)
2021 Florida Statutes|Title XXXVII - Insurance|Chapter 630 - Alien Insurers: Trusteed Assets; Domestication|630.101 - Examination of Assets.

630.101 Examination of assets.—The office may from time to time examine trusteed assets of any insurer in accordance with the same conditions and procedures governing the examination of insurers in general under part II of chapter 624.History.—s. 710, ch. 59-205; ss. 13, 35, ch. 69-106; s. 809(1st), ch. 82-243; ss. 187, 188, ch. 91-108; s. 4, ch. 91-429; s. 1337, ch. 2003-261.
FL Stat § 630.111 (2021)
2021 Florida Statutes|Title XXXVII - Insurance|Chapter 630 - Alien Insurers: Trusteed Assets; Domestication|630.111 - Canadian Insurers.

630.111 Canadian insurers.—The provisions of this chapter applicable to a United States manager shall, in the case of insurers domiciled in Canada, be deemed to refer to the president, vice president, secretary, or treasurer of such a Canadian insurer.History.—s. 711, ch. 59-205; s. 809(1st), ch. 82-243; ss. 187, 188, ch. 91-108; s. 4, ch. 91-429.
FL Stat § 630.121 (2021)
2021 Florida Statutes|Title XXXVII - Insurance|Chapter 630 - Alien Insurers: Trusteed Assets; Domestication|630.121 - Domestication of Alien Insurer; Definitions.

630.121 Domestication of alien insurer; definitions.—(1) “Domestication” as used in ss. 630.131-630.161 means the reorganization of the United States branch of an alien insurer as the result of which a domestic insurer shall succeed to all the business and assets and assume all the liabilities of the United States branch of the alien insurer.(2) “United States branch” means the business unit through which business is transacted within the United States by an alien insurer and the assets and liabilities of such insurer within the United States pertaining to such business.(3) “Domestic insurer” as used in such sections means a stock insurer incorporated under the laws of this state.History.—s. 712, ch. 59-205; s. 809(1st), ch. 82-243; ss. 187, 188, ch. 91-108; s. 4, ch. 91-429.
FL Stat § 630.131 (2021)
2021 Florida Statutes|Title XXXVII - Insurance|Chapter 630 - Alien Insurers: Trusteed Assets; Domestication|630.131 - Domestication Procedure.

630.131 Domestication procedure.—(1) Upon compliance with ss. 630.131-630.161, any alien insurer authorized to do business in this state which owns beneficially, directly or indirectly, all of the outstanding capital stock of a domestic insurer may, with the prior written approval of the office and subject to the final approval of the office, domesticate its United States branch, if entered through this state, by entering into an agreement in writing with the domestic insurer providing for the acquisition by the domestic insurer of all the liabilities of the United States branch for no consideration other than the assumption of such liabilities; except that the agreement may further provide for additional consideration payable by the issuance by the acquiring domestic insurer of shares of its capital stock.(2) Such shares of capital stock of the acquiring domestic insurer, or voting trust certificates representing such shares, as are held among the trusteed assets of the United States branch of the alien insurer or are held in a trust created by the alien insurer and of which the alien insurer is a beneficiary shall be deemed to be shares held beneficially, but indirectly, by an alien insurer.(3) The acquisition of assets and assumption of liabilities of the United States branch by the domestic insurer shall be effected by the filing with the office of an instrument of transfer and assumption in form satisfactory to the office and executed by the alien insurer and the domestic insurer.(4) A domestic insurer may either be authorized to transact insurance in this state prior to entering into such domestication agreement or may, if the office so approves, be authorized effective with the consummation of the domestication agreement in accordance with the provisions of s. 630.161.History.—s. 713, ch. 59-205; ss. 13, 35, ch. 69-106; ss. 685, 809(1st), ch. 82-243; ss. 187, 188, ch. 91-108; s. 4, ch. 91-429; s. 1338, ch. 2003-261.
FL Stat § 630.141 (2021)
2021 Florida Statutes|Title XXXVII - Insurance|Chapter 630 - Alien Insurers: Trusteed Assets; Domestication|630.141 - Domestication Agreement; Authorization; Execution.

630.141 Domestication agreement; authorization; execution.—(1) The domestication agreement referred to in s. 630.131 shall be authorized, adopted, approved, signed, and acknowledged by the alien insurer in accordance with the laws of the country under which it is organized.(2) In the case of a domestic insurer, the domestication agreement shall be approved, adopted, and authorized by its board of directors and executed by its president or any vice president and attested by its secretary or assistant secretary under its corporate seal.History.—s. 714, ch. 59-205; s. 809(1st), ch. 82-243; ss. 187, 188, ch. 91-108; s. 4, ch. 91-429.
FL Stat § 630.151 (2021)
2021 Florida Statutes|Title XXXVII - Insurance|Chapter 630 - Alien Insurers: Trusteed Assets; Domestication|630.151 - Office Approval of Domestication Agreement.

630.151 Office approval of domestication agreement.—An executed counterpart of the domestication agreement, together with certified copies of the corporate proceedings of the domestic insurer and the alien insurer, approving, adopting, and authorizing the execution of the domestication agreement, shall be submitted to the office for its approval. The office shall thereupon consider the agreement; and, if it finds that the same is in accordance with the provisions hereof and that the interests of policyholders and creditors of the United States branch of the alien insurer are not materially adversely affected, it may approve the domestication agreement and authorize the consummation thereof in compliance with the provisions of s. 630.161.History.—s. 715, ch. 59-205; ss. 13, 35, ch. 69-106; s. 809(1st), ch. 82-243; ss. 187, 188, ch. 91-108; s. 4, ch. 91-429; s. 1339, ch. 2003-261.
FL Stat § 630.161 (2021)
2021 Florida Statutes|Title XXXVII - Insurance|Chapter 630 - Alien Insurers: Trusteed Assets; Domestication|630.161 - Consummation of Domestication; Transfer of Assets and Deposits.

630.161 Consummation of domestication; transfer of assets and deposits.—(1) Upon the filing with the office of a certified copy of the instrument of transfer and assumption pursuant to which a domestic insurer succeeds to the business and assets of the United States branch of an alien insurer and assumes all its liabilities as provided by ss. 630.131-630.161, the domestication of the United States branch shall be deemed to be effective; and thereupon all the rights, franchises, and interests of the United States branch in and to every species of property, real, personal, and mixed, and things in action thereunto belonging shall be deemed as transferred to and vested in the domestic insurer, and simultaneously therewith the domestic insurer shall be deemed to have assumed all of the liabilities of the United States branch.(2) All deposits of the United States branch held by the department, or state officers or other state regulatory agencies pursuant to requirements of state laws, shall be deemed to be held as security that the domestic insurer will fully perform its assumption as direct liabilities of all the liabilities to policyholders or policyholders and creditors within the United States of the United States branch; and such deposits shall be deemed to be assets of the domestic insurer and shall be reported as such in the annual financial statements and other reports which the domestic insurer may be required to file. Upon the ultimate release by any such state officer or agency of any such deposits, the securities and cash constituting such released deposit shall be delivered and paid over to the domestic insurer as the lawful successor in interest to the United States branch.(3) Contemporaneously with the consummation of the domestication of the United States branch, notwithstanding any provision of the statutes to the contrary, the department shall transfer to the insurer the securities deposited by the United States branch in compliance with the provisions of this law, and the department shall consent that the trustee of the trusteed assets deposited by the United States branch in compliance with the provisions of this law shall withdraw from the trusteed assets and transfer and deliver over to the domestic insurer all assets held by such trustee.History.—s. 716, ch. 59-205; ss. 13, 35, ch. 69-106; s. 809(1st), ch. 82-243; ss. 187, 188, ch. 91-108; s. 4, ch. 91-429; s. 1340, ch. 2003-261.
FL Stat § 632.601 (2021)
2021 Florida Statutes|Title XXXVII - Insurance|Chapter 632 - Fraternal Benefit Societies|632.601 - “Fraternal Benefit Society” Defined.

632.601 “Fraternal benefit society” defined.—Any incorporated society, order, or supreme lodge, without capital stock, including one exempted under the provisions of s. 632.637(1)(b), whether incorporated or not, conducted solely for the benefit of its members and their beneficiaries and not for profit, operated on a lodge system with ritualistic form of work, having a representative form of government, and which makes provision for the payment of benefits in accordance with this chapter, is hereby declared to be a “fraternal benefit society.”History.—ss. 4, 6, ch. 86-140; s. 4, ch. 91-429.
FL Stat § 632.602 (2021)
2021 Florida Statutes|Title XXXVII - Insurance|Chapter 632 - Fraternal Benefit Societies|632.602 - “Lodge System” Defined.

632.602 “Lodge system” defined.—(1) A society is operating on the lodge system if it has a supreme governing body and subordinate lodges into which members are elected, initiated, or admitted in accordance with its laws, rules, and ritual. Subordinate lodges shall be required by the laws of the society to hold regular meetings at least once in each month in furtherance of the purposes of the society.(2) A society may, at its option, organize and operate lodges for children under the minimum age for adult membership. Initiation in lodges shall not be required of children, nor shall they have a voice or vote in the management of the society.History.—ss. 4, 6, ch. 86-140; s. 4, ch. 91-429.
FL Stat § 632.603 (2021)
2021 Florida Statutes|Title XXXVII - Insurance|Chapter 632 - Fraternal Benefit Societies|632.603 - “Representative Form of Government” Defined.

632.603 “Representative form of government” defined.—A society has a “representative form of government” when:(1) It has a supreme governing body constituted in one of the following ways:(a) Assembly.—The supreme governing body is an assembly composed of delegates elected directly by the members, or at intermediate assemblies or conventions of members or their representatives, together with other delegates as may be prescribed by the society’s laws. A society may provide for election of delegates by mail. The elected delegates shall constitute a majority in number and shall not have less than two-thirds of the votes and shall not have less than the number of votes required to amend the society’s laws. The assembly shall be elected and shall meet at least once every 4 years and shall elect a board of directors to conduct the business of the society between meetings of the assembly. Vacancies on the board of directors between elections may be filled in the manner prescribed by the society’s law.(b) Direct election.—The supreme governing body is a board composed of persons elected by the members, either directly or by their representatives in intermediate assemblies, and any other persons prescribed in the society’s laws. A society may provide for election of the board by mail. Each term of a board member may not exceed 4 years. Vacancies on the board between elections may be filled in the manner prescribed by the society’s laws. Those persons elected to the board shall constitute a majority in number and not less than the number of votes required to amend the society’s laws. A person filling the unexpired term of an elected board member shall be considered to be an elected member. The board shall meet at least quarterly to conduct the business of the society. And(2)(a) The officers of the society are elected either by the supreme governing body or by the board of directors;(b) Only benefit members are eligible for election to the supreme governing body, the board of directors, or any intermediate assembly; and(c) Each voting member shall have one vote; no vote may be cast by proxy.History.—ss. 4, 6, ch. 86-140; s. 4, ch. 91-429.
FL Stat § 632.604 (2021)
2021 Florida Statutes|Title XXXVII - Insurance|Chapter 632 - Fraternal Benefit Societies|632.604 - Terms Used.

632.604 Terms used.—Whenever used in this chapter:(1) “Benefit contract” means the agreement for provision of benefits authorized by s. 632.617, as that agreement is described in s. 632.621(1).(2) “Benefit member” means an adult member who is designated by the laws or rules of the society to be a benefit member under a benefit contract.(3) “Certificate” means the document issued as written evidence of the benefit contract.(4) “Premiums” means premiums, rates, dues, or other required contributions, by whatever name known, which are payable under the certificate.(5) “Laws” shall mean the society’s articles of incorporation, constitution and bylaws, however designated.(6) “Rules” shall mean all rules, regulations, or resolutions adopted by the supreme governing body or board of directors which are intended to have general application to the members of the society.(7) “Society” shall mean fraternal benefit society, unless otherwise indicated.(8) “Lodge” shall mean subordinate member units of the society, known as camps, courts, councils, branches, or by any other designation.History.—ss. 4, 6, ch. 86-140; s. 4, ch. 91-429.
FL Stat § 632.605 (2021)
2021 Florida Statutes|Title XXXVII - Insurance|Chapter 632 - Fraternal Benefit Societies|632.605 - Purposes and Powers.

632.605 Purposes and powers.—(1) A society shall operate for the benefit of members and their beneficiaries by:(a) Providing benefits as specified in s. 632.617; and(b) Operating for one or more social, intellectual, educational, charitable, benevolent, moral, fraternal, patriotic, or religious purposes for the benefit of its members, which may also be extended to others; provided that such purposes do not endanger the solvency of the society. Such purposes as set forth in this paragraph may be carried out directly by the society or indirectly through subsidiary corporations or affiliated organizations.(2) No subsidiary corporation or affiliated organization shall transact insurance or engage in any other activity regulated under the Florida Insurance Code or other Florida law unless the subsidiary corporation or affiliated organization complies with all provisions of the applicable law. No society or subsidiary corporation or affiliated organization through which a society carries out its purposes shall own or operate a funeral home or undertaking establishment.(3) Every society shall have the power to adopt laws and rules for the government of the society, the admission of its members, and the management of its affairs. The society shall have the power to change, alter, add to, or amend such laws and rules and shall have such other powers as are necessary and incidental to carrying into effect the objects and purposes of the society.History.—ss. 4, 6, ch. 86-140; s. 4, ch. 91-429.
FL Stat § 632.606 (2021)
2021 Florida Statutes|Title XXXVII - Insurance|Chapter 632 - Fraternal Benefit Societies|632.606 - Qualifications for Membership.

632.606 Qualifications for membership.—(1) A society shall specify in its laws or rules:(a) Eligibility standards for each and every class of membership, provided that if benefits are provided on the lives of children, the minimum age for adult membership shall be set at not less than age 15 and not greater than age 21;(b) The process for admission to membership for each membership class; and(c) The rights and privileges of each membership class, provided that only benefit members shall have the right to vote on the management of the insurance affairs of the society.(2) A society may also admit social members who shall have no voice or vote in the management of the insurance affairs of the society.(3) Membership rights in the society are personal to the member and are not assignable.History.—ss. 4, 6, ch. 86-140; s. 4, ch. 91-429.
FL Stat § 632.607 (2021)
2021 Florida Statutes|Title XXXVII - Insurance|Chapter 632 - Fraternal Benefit Societies|632.607 - Location of Office; Meetings; Communications to Members; Grievance Procedures.

632.607 Location of office; meetings; communications to members; grievance procedures.—(1) The principal office of any domestic society shall be located in this state. The meetings of its supreme governing body may be held in any state, district, province, or territory wherein such society has at least one subordinate lodge, and all business transacted at such meetings shall be as valid in all respects as if such meetings were held in this state. The minutes of the proceedings of the supreme governing body and of the board of directors shall be in the English language.(2)(a) A society may provide in its laws for an official publication in which any notice, report, or statement required by law to be given to members, including notice of election, may be published. Such required reports, notices, and statements shall be printed conspicuously in the publication. If the records of a society show that two or more members have the same mailing address, an official publication mailed to one member is deemed to be mailed to all members at the same address unless a member requests a separate copy.(b) Not later than June 1 of each year, a synopsis of the society’s annual statement providing an explanation of the facts concerning the condition of the society thereby disclosed shall be printed and mailed to each benefit member of the society or, in lieu thereof, such synopsis may be published in the society’s official publication.(3) A society shall provide in its laws or rules for grievance or complaint procedures for members.History.—ss. 4, 6, ch. 86-140; s. 4, ch. 91-429.
FL Stat § 632.609 (2021)
2021 Florida Statutes|Title XXXVII - Insurance|Chapter 632 - Fraternal Benefit Societies|632.609 - Waiver Prohibited.

632.609 Waiver prohibited.—The laws of the society shall provide that no subordinate body, nor any of its subordinate officers or members, shall have the power or authority to waive any of the provisions of the laws or rules of the society. Such provision shall be binding on the society and every member and beneficiary of a member.History.—ss. 4, 6, ch. 86-140; s. 4, ch. 91-429.