Florida § 627.950 - Administrative and procedural authority regarding risk retention and purchasing groups.
Full text of Florida Florida Statutes § 627.950 — Administrative and procedural authority regarding risk retention and purchasing groups., with citation guidance and answers to common questions.
§ 627.950. Administrative and procedural authority regarding risk retention and purchasing groups.
The office is authorized to make use of any of the powers established under the Florida Insurance Code to enforce the laws of this state so long as those powers are not specifically preempted by the Product Liability Risk Retention Act of 1981 as amended by the Risk Retention Amendments of 1986. This includes, but is not limited to, the office’s administrative authority to investigate, issue subpoenas, conduct depositions and hearings, issue orders, and impose penalties. With regard to any investigation, administrative proceedings, or litigation, the office may rely on the procedural law and regulations of the state. The injunctive authority of the office in regard to risk retention groups is restricted to the extent that any injunction shall be issued by a court of competent jurisdiction.
Source: official Florida text · Last verified 2026-08-27
Frequently Asked Questions About Florida § 627.950
What does Florida Statutes § 627.950 cover?
Section 627.950 ("Administrative and procedural authority regarding risk retention and purchasing groups.") 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 § 627.950?
A common citation format is "Florida Statutes § 627.950" (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 § 627.950 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.