642.019 Organization of legal expense insurance corporations. - Florida Statutes

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:

   (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.

History. s. 1, ch. 79-103; s. 2, ch. 81-318; ss. 3, 20, 21, ch. 83-278; ss. 6, 7, ch. 93-147.