SECTION 642.019. Organization of legal expense insurance corporations.
Latest version.
1(1) 2Any number of corporations or adult natural persons may organize a legal expense insurance corporation under the law of this state relating to corporations generally.
27(2) 28The articles of incorporation shall conform to the requirements applicable to corporations, and, in addition:43(a) 44The name of the corporation shall indicate that legal services or indemnity for legal expenses is to be provided; and
64(b) 65The 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.
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