627.8055 Qualification of companies to issue variable or indeterminate value contracts.
627.8055 Qualification of companies to issue variable or indeterminate value contracts.
No insurance company shall issue or deliver any contract on a variable or indeterminate value basis until it has satisfied the office that its financial condition, management, history, and methods of operation are not such as would render its operation harmful to the public welfare.
History. ss. 590, 809(2nd), ch. 82-243; s. 79, ch. 82-386; s. 114, ch. 92-318; s. 1214, ch. 2003-261.