Florida § 624.508 - Insurer’s license tax; when payable.
Full text of Florida Florida Statutes § 624.508 — Insurer’s license tax; when payable., with citation guidance and answers to common questions.
§ 624.508. Insurer’s license tax; when payable.
(1) The insurer’s license tax provided for in s. 624.501(3) shall be paid, by an insurer newly applying for a certificate of authority to transact insurance in this state, prior to and contingent upon the issuance of its original certificate of authority. If the certificate of authority is not issued, the license tax payment shall be refunded to the insurer. The license tax so paid by a newly authorized insurer shall cover the period expiring on the June 1 next following the date of its original certificate of authority. (2) Each authorized insurer shall pay the license tax annually on or before June 1.
Source: official Florida text · Last verified 2026-08-27
Frequently Asked Questions About Florida § 624.508
What does Florida Statutes § 624.508 cover?
Section 624.508 ("Insurer’s license tax; when payable.") 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 § 624.508?
A common citation format is "Florida Statutes § 624.508" (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 § 624.508 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.