Fla. Stat. 634.407
Application for and issuance of license


(1)

An application for license as a service warranty association shall be made to, and filed with, the office on printed forms as prescribed by the commission and furnished by the office.

(2)

In addition to information relative to its qualifications as required under s. 634.404, the commission may require that the application show:The location of the applicant’s home office.The name and residence address of each director, officer, and 10-percent or greater stockholder of the applicant.Such other pertinent information as may be required by the commission.

(a)

The location of the applicant’s home office.

(b)

The name and residence address of each director, officer, and 10-percent or greater stockholder of the applicant.

(c)

Such other pertinent information as may be required by the commission.

(3)

The commission may require that the application, when filed, be accompanied by:A copy of the applicant’s articles of incorporation, certified by the public official having custody of the original, and a copy of the applicant’s bylaws, certified by the applicant’s secretary.A copy of the most recent financial statement of the applicant, verified under oath of at least two of its principal officers.A license fee in the amount of $200, as required under s. 634.403.

(a)

A copy of the applicant’s articles of incorporation, certified by the public official having custody of the original, and a copy of the applicant’s bylaws, certified by the applicant’s secretary.

(b)

A copy of the most recent financial statement of the applicant, verified under oath of at least two of its principal officers.

(c)

A license fee in the amount of $200, as required under s. 634.403.

(4)

Upon completion of the application for license, the office shall examine the application and make such further investigation of the applicant as it deems advisable. If it finds that the applicant is qualified therefor, the office shall issue to the applicant a license as a service warranty association. If the office does not find the applicant to be qualified, it shall refuse to issue the license and shall give the applicant written notice of such refusal, setting forth the grounds therefor.

Source: Section 634.407 — Application for and issuance of license, https://www.­flsenate.­gov/Laws/Statutes/2024/0634.­407 (accessed Aug. 7, 2025).

634.44
Appeals from orders of the department or office
634.401
Definitions
634.402
Powers of department, commission, and office
634.403
License required
634.404
Qualifications for license
634.405
Required deposit or bond
634.406
Financial requirements
634.407
Application for and issuance of license
634.408
License continuance
634.409
Grounds for suspension or revocation of license
634.411
Order
634.412
Duration of suspension
634.413
Administrative fine in lieu of suspension or revocation
634.414
Forms
634.415
Tax on premiums
634.416
Examination of associations
634.417
Service of process
634.419
License and appointment required
634.420
License and appointment of sales representatives
634.421
Reporting and accounting for funds
634.422
Grounds for compulsory refusal, suspension, or revocation of license or appointment of sales representatives
634.423
Grounds for discretionary refusal, suspension, or revocation of license or appointment of sales representatives
634.424
Procedure for refusal, suspension, or revocation of license or appointment of sales representatives
634.425
Duration of suspension or revocation
634.426
Administrative fine in lieu of suspension or revocation of license or appointment
634.427
Disposition of taxes and fees
634.428
Insurance business not authorized
634.429
Fronting not permitted
634.430
Dissolution or liquidation
634.431
Penalty for violation
634.433
Civil remedy
634.435
Unfair methods of competition and unfair or deceptive acts or practices prohibited
634.436
Unfair methods of competition and unfair or deceptive acts or practices defined
634.437
Power of department and office to examine and investigate
634.438
Prohibited practices
634.439
Cease and desist and penalty orders
634.441
Penalty for violation of cease and desist order
634.442
Injunctive proceedings
634.443
Civil liability
634.444
Investigatory records
634.4025
Part exclusive
634.4051
Levy upon deposit limited
634.4061
Assets and liabilities
634.4062
Prohibited investments and loans
634.4065
Guarantee agreements
634.4085
Acquisition
634.4145
Noncompliant forms
634.4165
Office records required
634.4225
Rebating
634.4385
Unauthorized entities

Current through Fall 2025

§ 634.407. Application for & issuance of license's source at flsenate​.gov