Capital participation instrument

Fla. Stat. § 625.3255, under Accounting, Investments, and Deposits by Insurers.

Fla. Stat. § 625.3255

An insurer may invest in any capital participation instrument or evidence of indebtedness issued by the Department of Commerce pursuant to the Florida Small and Minority Business Assistance Act.History.—ss. 16, 31, ch. 85-104; ss. 187, 188, ch. 91-108; s. 4, ch. 91-429; s. 21, ch. 2007-157; s. 430, ch. 2011-142; s. 140, ch. 2023-173.