Florida § 632.622 - Nonforfeiture benefits, cash surrender values, certificate loans, and other options.
Full text of Florida Florida Statutes § 632.622 — Nonforfeiture benefits, cash surrender values, certificate loans, and other options., with citation guidance and answers to common questions.
§ 632.622. Nonforfeiture benefits, cash surrender values, certificate loans, and other options.
(1) For certificates issued prior to October 1, 1982, the value of every paid-up nonforfeiture benefit and the amount of any cash surrender value, loan, or other option granted shall comply with the provisions of law applicable immediately prior thereto. (2) For certificates issued on or after October 1, 1982, reserves shall be computed utilizing the appropriate mortality tables approved by the office for policies containing life insurance benefits made applicable to life insurers under s. 625.121.
Source: official Florida text · Last verified 2026-08-27
Frequently Asked Questions About Florida § 632.622
What does Florida Statutes § 632.622 cover?
Section 632.622 ("Nonforfeiture benefits, cash surrender values, certificate loans, and other options.") 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 § 632.622?
A common citation format is "Florida Statutes § 632.622" (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 § 632.622 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.