Florida § 631.731 - Liquidation, rehabilitation, or conservation proceedings; distributions.
Full text of Florida Florida Statutes § 631.731 — Liquidation, rehabilitation, or conservation proceedings; distributions., with citation guidance and answers to common questions.
§ 631.731. Liquidation, rehabilitation, or conservation proceedings; distributions.
(1) Prior to the termination of any liquidation, rehabilitation, or conservation proceeding, the court may take into consideration the contributions of the respective parties, including the association, the shareholders and policyowners of the insolvent insurer, and any other party with a bona fide interest, in making an equitable distribution of the ownership rights of such insolvent insurer. In such a determination, consideration shall be given to the welfare of the policyholders of the continuing or successor insurer. (2) No distribution to stockholders, if any, of an impaired or insolvent insurer shall be made until and unless the total amount of valid claims of the association for funds expended in carrying out its powers and duties under s. 631.717 with respect to such insurer has been fully recovered by the association.
Source: official Florida text · Last verified 2026-08-27
Frequently Asked Questions About Florida § 631.731
What does Florida Statutes § 631.731 cover?
Section 631.731 ("Liquidation, rehabilitation, or conservation proceedings; distributions.") 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 § 631.731?
A common citation format is "Florida Statutes § 631.731" (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 § 631.731 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.