Fla. Stat. 642.019
Organization of legal expense insurance corporations

(1)

Any number of corporations or adult natural persons may organize a legal expense insurance corporation under the law of this state relating to corporations generally.

(2)

The articles of incorporation shall conform to the requirements applicable to corporations, and, in addition:The name of the corporation shall indicate that legal services or indemnity for legal expenses is to be provided; andThe purposes of the corporation shall be limited to providing legal services or indemnity for legal expenses and business reasonably related thereto.

(a)

The name of the corporation shall indicate that legal services or indemnity for legal expenses is to be provided; and

(b)

The purposes of the corporation shall be limited to providing legal services or indemnity for legal expenses and business reasonably related thereto.

Source: Section 642.019 — Organization of legal expense insurance corporations, https://www.flsenate.gov/Laws/Statutes/2024/0642.019 (accessed Aug. 7, 2025).

642.011
Short title 642.013
Purpose 642.015
Definitions 642.016
Chapter exclusive 642.017
Exemptions 642.019
Organization of legal expense insurance corporations 642.021
Certificate of authority 642.022
Insurance business not authorized 642.023
Required deposit or bond 642.024
Levy upon deposit 642.025
Policy and certificate forms 642.027
Premium rates 642.029
Contracts by insurers 642.032
Provisions of general insurance law applicable to legal expense insurance corporations 642.034
License and appointment required 642.036
Sales representatives to be licensed and appointed 642.038
Reporting and accounting for funds 642.041
Grounds for compulsory refusal, suspension, or revocation of license or appointment of contracting sales representatives 642.043
Grounds for discretionary refusal, suspension, or revocation of license or appointment of sales representatives 642.045
Procedure for refusal, suspension, or revocation of license and appointment of sales representative 642.047
Administrative fine in lieu of suspension or revocation of license or appointment 642.048
Prohibited sales 642.049
Construction 642.0261
Net worth required of applicants 642.0262
Net worth required to maintain certificate of authority 642.0301
Filing, license, statement, and miscellaneous fees 642.0331
Grounds for suspension or revocation of certificate 642.0334
Order 642.0336
Duration of suspension 642.0338
Administrative fine in lieu of suspension or revocation 642.0475
Civil remedy

Current through Fall 2025

§ 642.019. Org. of legal expense insurance corporations's source at flsenate.gov

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Location: https://florida.public.law/statutes/fla._stat._642.019

Original Source: Section 642.019 — Organization of legal expense insurance corporations, https://www.flsenate.gov/Laws/Statutes/2024/0642.019 (last accessed Aug. 7, 2025).