628.901 “Captive insurer” defined.
628.901 “Captive insurer” defined.
For the purposes of this part, except as provided in s. 628.903, a “captive insurer” is a domestic insurer established under part I to insure the risks of a specific corporation or group of corporations under common ownership owned by the corporation or corporations from which it accepts risk under a contract of insurance.
History. ss. 632, 809(1st), ch. 82-243; s. 5, ch. 85-214; ss. 1, 11, ch. 87-127; ss. 77, 187, 188, ch. 91-108; s. 4, ch. 91-429.
Note. Former s. 628.035.