Florida § 630.071 - Requirements and contents of trust agreement.
Full text of Florida Florida Statutes § 630.071 — Requirements and contents of trust agreement., with citation guidance and answers to common questions.
§ 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.
Source: official Florida text · Last verified 2026-08-27
Frequently Asked Questions About Florida § 630.071
What does Florida Statutes § 630.071 cover?
Section 630.071 ("Requirements and contents of trust agreement.") 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 § 630.071?
A common citation format is "Florida Statutes § 630.071" (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 § 630.071 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.