Florida § 625.59 - Rights of insurer during solvency.
Full text of Florida Florida Statutes § 625.59 — Rights of insurer during solvency., with citation guidance and answers to common questions.
§ 625.59. Rights of insurer during solvency.
So long as the insurer remains solvent and is in compliance with this code, it may: (1) Demand, receive, sue for, and recover the income from the securities or assets deposited; (2) Exchange and substitute for the deposited securities or assets, or any part thereof, other eligible securities and assets of equivalent or greater value; and (3) At any reasonable time inspect any such deposit.
Source: official Florida text · Last verified 2026-08-27
Frequently Asked Questions About Florida § 625.59
What does Florida Statutes § 625.59 cover?
Section 625.59 ("Rights of insurer during solvency.") is part of the Florida Statutes, the codified statutory law of Florida. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Florida § 625.59?
A common citation format is "Florida Statutes § 625.59" (Florida). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Florida law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Florida official source linked on this page or consult a licensed Florida attorney.
How does Florida § 625.59 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Florida can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Florida.