Florida Statutes 641.414 – Investment of funds of prepaid health clinic
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Terms Used In Florida Statutes 641.414
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Prepaid health clinic: means any organization authorized under this part which provides, either directly or through arrangements with other persons, basic services to persons enrolled with such organization, on a prepaid per capita or prepaid aggregate fixed-sum basis, including those basic services which subscribers might reasonably require to maintain good health. See Florida Statutes 641.402
The funds of any prepaid health clinic shall be invested only in securities permitted by the laws of this state for the investment of assets of life insurance companies.