632.631 – Examination of Societies; No Adverse Publications.
632.631 Examination of societies; no adverse publications.— (1) The office, or any person it may appoint, may examine any domestic, foreign, or alien society transacting or applying for admission to transact business in this state in the same manner as authorized for examination of domestic, foreign, or alien insurers. Requirements of notice and an opportunity to respond […]
632.632 – Foreign or Alien Society; Admission.
632.632 Foreign or alien society; admission.—No foreign or alien society shall transact business in this state without a license issued by the office. Any such society desiring admission to this state shall have the qualifications required of domestic societies organized under this chapter. Any such society may be licensed to transact business in this state upon […]
632.633 – Additional Grounds for Suspension, Revocation, or Denial of Certificate of Authority; Receivership; Insolvency.
632.633 Additional grounds for suspension, revocation, or denial of certificate of authority; receivership; insolvency.— (1) In addition to the grounds set forth in s. 624.418, the office may, in its discretion, suspend, revoke, or deny the certificate of authority of a society, if it finds that the society: (a) Has exceeded its powers; (b) Has failed to comply with […]
632.634 – Licensing and Appointment of Agents.
632.634 Licensing and appointment of agents.— (1) Agents of societies shall be licensed and appointed in accordance with the provisions of the Florida Insurance Code regulating the licensing, appointment, examination, revocation, suspension, or termination of the license of resident and nonresident life, health, and variable annuity insurance agents. (2) No examination, license, or appointment shall be required of […]
632.635 – Unfair and Deceptive Acts and Practices.
632.635 Unfair and deceptive acts and practices.—Every society authorized to do business in this state shall be subject to the provisions of the Unfair Insurance Trade Practices Act as provided in part IX of chapter 626; provided, however, that nothing in such provisions shall be construed as applying to or affecting the right of any society […]
632.636 – Violations; Penalties.
632.636 Violations; penalties.— (1) The provisions of s. 624.15 shall apply with respect to: (a) Any person who willfully makes a false or fraudulent statement in or relating to an application for membership or for the purpose of obtaining money from or a benefit in any society; (b) Any person who solicits membership for, or in any manner assists […]
632.637 – Exemption of Certain Societies.
632.637 Exemption of certain societies.— (1) Nothing contained in this chapter shall be so construed as to affect or apply to: (a) Grand or subordinate lodges of societies, orders, or associations now doing business in this state which provide benefits exclusively through local or subordinate lodges; (b) Orders, societies, or associations which admit to membership only persons engaged in […]
632.638 – Applicability of Other Code Provisions.
632.638 Applicability of other code provisions.—In addition to other provisions contained or referred to in this chapter, the following chapters and provisions of this code apply to fraternal benefit societies, to the extent applicable and not in conflict with the express provisions of this chapter and the reasonable implications thereof: (1) Part I of chapter 624; (2) Part […]
632.609 – Waiver Prohibited.
632.609 Waiver prohibited.—The laws of the society shall provide that no subordinate body, nor any of its subordinate officers or members, shall have the power or authority to waive any of the provisions of the laws or rules of the society. Such provision shall be binding on the society and every member and beneficiary of a […]
632.627 – Valuation.
632.627 Valuation.— (1) Standards of valuation for certificates issued prior to October 1, 1982, shall be those provided by the laws applicable immediately prior to said date. (2) The minimum standards of valuation for certificates issued on or after October 1, 1982, shall be in accordance with valuation standards utilizing the appropriate mortality tables authorized by the laws […]