§ 634.4062, Fla. Stat. · Part III. SERVICE WARRANTY ASSOCIATIONS
Prohibited investments and loans.
Verbatim from the official edition
Text — 2026 Florida Statutes
A service warranty association shall not directly or indirectly invest in or lend its funds upon the security of any note or other evidence of indebtedness of any director, officer, or controlling stockholder of the service warranty association. This prohibition applies only to investments and loans initially reported on a service warranty association’s financial statements after the third quarterly statement for 2006.
Notes and commentary — not statutory text
History
s. 8, ch. 2006-272.
Source of truth
- Edition
- 2026 Florida Statutes
- Official file
- https://www.leg.state.fl.us/Statutes/index.cfm?App_mode=Display_Statute&URL=0600-0699/0634/0634.html
- Text hash
- sha256 197d48f1a4b3772875779df5b9fa573ce1749134d6c57161c9128a53568e16a8
- Composed by
- compose_v2.py 2026-10-04: the Legislature's structured HTML read in document order; verify_v2.py's independent reading agrees character for character
- composed from the Legislature's structured HTML (one source of text; no PDF extraction); a second, independent reading of the same bytes agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.