Florida § 641.183 - Statutory accounting procedures; transition provisions.
Full text of Florida Florida Statutes § 641.183 — Statutory accounting procedures; transition provisions., with citation guidance and answers to common questions.
§ 641.183. Statutory accounting procedures; transition provisions.
All health maintenance organizations, authorized to do business under this chapter on January 1, 2001, shall elect a transition method for compliance with statutory accounting principles as follows: (1) Report assets acquired prior to June 30, 2001, in accordance with s. 641.35, Florida Statutes (2000), through December 31, 2005. Assets acquired on or after June 30, 2001, shall be accounted for in accordance with the National Association of Insurance Commissioners Accounting Practices and Procedures Manual effective January 1, 2001. A health maintenance organization electing to report assets pursuant to this subsection shall maintain complete and detailed records reflecting such accounting treatment; or (2) Report all assets in accordance with the NAIC Accounting Practices and Procedures Manual effective January 1, 2001.
Frequently Asked Questions About Florida § 641.183
What does Florida Statutes § 641.183 cover?
Section 641.183 ("Statutory accounting procedures; transition provisions.") 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 § 641.183?
A common citation format is "Florida Statutes § 641.183" (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 § 641.183 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.