Fla. Stat. 629.201
Subscribers’ advisory committee

(1)

The advisory committee of a domestic reciprocal insurer exercising the subscribers’ rights shall be selected under such rules as the subscribers adopt.

(2)

Not less than two-thirds of such committee shall be subscribers other than the attorney, or any person employed by, representing, or having a financial interest in the attorney.

(3)

The committee shall:Supervise the finances of the insurer;Supervise the insurer’s operations to such extent as to assure conformity with the subscribers’ agreement and power of attorney;Procure the audit of the accounts and records of the insurer and of the attorney at the expense of the insurer; andHave such additional powers and functions as may be conferred by the subscribers’ agreement.

(a)

Supervise the finances of the insurer;

(b)

Supervise the insurer’s operations to such extent as to assure conformity with the subscribers’ agreement and power of attorney;

(c)

Procure the audit of the accounts and records of the insurer and of the attorney at the expense of the insurer; and

(d)

Have such additional powers and functions as may be conferred by the subscribers’ agreement.

Source: Section 629.201 — Subscribers’ advisory committee, https://www.­flsenate.­gov/Laws/Statutes/2024/0629.­201 (accessed Aug. 7, 2025).

Current through Fall 2025

§ 629.201. Subscribers’ advisory committee's source at flsenate​.gov