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(two) Moneys and money of the revenue character shared with political subdivisions or received from taxes or charges licensed to get levied by any political subdivision, together with moneys from provider fees, service fees, charges, and fines deposited in the Clerks on the Courtroom Trust Fund inside the Section of Revenue, shall be exempt with the deduction necessary by s. 215.twenty(one).

(b) Because of unprecedented levels of catastrophic insured losses in recent times, and particularly because of Hurricane Andrew, various insurers have determined that in order to safeguard their solvency, it is necessary for them to lower their exposure to hurricane losses.

2. Officers and employees refrain from enterprise personal expense transactions While using the same personal staff at a broker-vendor firm with whom business enterprise is performed on behalf on the board.

four. “Portfolio positions” means specific investments in portfolio providers that are made by the choice investment decision vehicles, which include info or particular investment decision conditions associated with any portfolio firm expenditure.

(b) In the event that any officer whose signature or a facsimile of whose signature shall show up on any bonds or Discount coupons shall cease for being such officer prior to the shipping of this sort of bonds, this kind of signature or such facsimile shall However be legitimate and adequate for all uses similar to if he / she experienced remained in office right up until these delivery, and any bond may well bear the facsimile signature of, or could be signed by, these kinds of folks as at the particular time from the execution of these types of bond shall be the correct officers to indication such bond Whilst within the date of these kinds of bond this sort of persons may well not are these types of officers.

2. The Legislature finds and declares that the issuance of bonds under this subsection is for the general public purpose of spending the proceeds with the bonds to insurers, thereby enabling insurers to pay the promises of policyholders to guarantee that policyholders can easily shell out the price of building, reconstruction, restore, restoration, and also other charges affiliated with harm to residence of policyholders of included procedures following the occurrence of a hurricane.

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(17) Securities or investments obtained or held beneath the provisions of this area may be loaned to securities dealers or economic institutions, presented the personal loan is collateralized by hard cash or securities aquiring a sector price of at the very least one hundred pc of the marketplace value of the securities loaned.

215.07 Preference of point out in the event of insolvency.—When any profits officer or other man or woman now indebted or hereafter starting to be indebted towards the condition, by bond or otherwise, shall come to be insolvent, or if the estate of any deceased debtor in the fingers of executors or administrators shall not be ample to pay many of the credit card debt owing within the deceased, the credit card debt due to the condition shall be to next start with satisfied; plus the priority set up shall be deemed to extend at the same time to scenarios by which a debtor, not possessing sufficient residence to pay all his / her debts, shall create a voluntary assignment thereof, or through which the estate and results of an absconding, concealed or absent debtor shall be attached by process of regulation, concerning circumstances where the bash shall be insolvent.

215.4754 Ethics requirements for financial investment advisers and supervisors and members on the Expense Advisory Council.—The intent of this segment is to advertise independence along with the avoidance of conflicts and improper affect by specified financial investment advisers and administrators with out producing unnecessary limitations on the board accomplishing its investment duties in step with its fiduciary criteria, investment decision efficiency, and enterprise relationships.

four. The organization has enterprise functions that more tips here involve contracts with or provision of supplies or products and services to The federal government of Iran, organizations wherein The federal government of Iran has useful reference any direct or indirect equity share, consortiums, or initiatives commissioned by The federal government of Iran, or businesses associated with consortiums or jobs commissioned by the government of Iran and:

(11) The board is licensed to acquire and provide futures and options, supplied the devices for these reason are traded on the securities Trade or board of trade controlled through the Securities and Trade Commission or maybe the Commodity Futures Investing Commission, Except the board by rule authorizes a unique market.

(one) It's the intent from the Legislature to persuade condition agencies, the judicial department, and models of neighborhood authorities to make their items, solutions, and information far more easy to the general public through the acceptance of payments by credit cards, cost cards, debit playing cards, or other signifies of electronic cash transfers to the most extent practicable when the advantages to your collaborating agency and the public substantiate the expense of accepting these types of payments.

three. For each corporation freshly discovered under this paragraph which has Energetic organization operations, the board shall deliver a published discover informing the organization of its scrutinized enterprise standing Which it might turn into subject matter to divestment by the general public fund.

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