June 02, 2020
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The Florida Statutes

The 2003 Florida Statutes

Title XXXVII
INSURANCE
Chapter 626
INSURANCE FIELD REPRESENTATIVES AND OPERATIONS
View Entire Chapter
Section 626.692, Florida Statutes 2003

626.692  Restitution.--If any ground exists for the suspension, revocation, or refusal of a license or appointment, the department or office may, in addition to any other penalty authorized under this chapter, order the licensee to pay restitution to any person who has been deprived of money by the licensee's misappropriation, conversion, or unlawful withholding of moneys belonging to insurers, insureds, beneficiaries, or others. In no instance shall the amount of restitution required to be paid under this section exceed the amount of money misappropriated, converted, or unlawfully withheld. Nothing in this section limits or restricts a person's right to seek other remedies as provided for by law.

History.--s. 34, ch. 98-199; s. 954, ch. 2003-261.

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