Florida Statutes 624.443 – Place of business; maintenance of records
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Terms Used In Florida Statutes 624.443
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
Each arrangement shall have and maintain its principal place of business in this state and shall therein make available to the office complete records of its assets, transactions, and affairs in accordance with such methods and systems as are customary for, or suitable to, the kind or kinds of business transacted. The office may waive this requirement if an arrangement has been operating in another state for at least 25 years, has been licensed in such state for at least 10 years, and has a minimum fund balance of $25 million at the time of licensure.