Florida § 631.311 - Report and petition for assessment.
Full text of Florida Florida Statutes § 631.311 — Report and petition for assessment., with citation guidance and answers to common questions.
§ 631.311. Report and petition for assessment.
Within 3 years after the date of the entry of an order of rehabilitation or liquidation of a domestic mutual insurer or a domestic reciprocal insurer, the department may make and file its report and petition to the court setting forth: (1) The reasonable value of the assets of the insurer; (2) The liabilities of the insurer to the extent thus far ascertained by the department; (3) The aggregate amount of the assessment, if any, which the department deems reasonably necessary to pay all claims, the costs and expenses of the collection of the assessments, and the costs and expenses of the delinquency proceeding in full; (4) Any other information relative to the affairs or property of the insurer that the department deems material.
Source: official Florida text · Last verified 2026-08-27
Frequently Asked Questions About Florida § 631.311
What does Florida Statutes § 631.311 cover?
Section 631.311 ("Report and petition for assessment.") 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 § 631.311?
A common citation format is "Florida Statutes § 631.311" (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 § 631.311 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.