69O-136.075, F.A.C.
69O-136.075. Merger or Conversion of a Reciprocal Insurer
Cite as Fla. Admin. Code r. 69O-136.075
(1) A reciprocal insurer may merge with another reciprocal insurer or be converted to a stock or mutual insurer, by filing Form OIR-C1-153, “Application for Merger or Conversion Reciprocal Insurer,” incorporated by reference in Rule 69O-136.100, F.A.C.
(2) A retaliatory application fee shall be submitted pursuant to section 624.5091, F.S. The retaliatory fee is the greater of:
(a) The amount that the applicant’s domiciliary state or country would charge a Florida domestic insurer making application in the applicant’s state or country of domicile; or
(b) The Florida application fee pursuant to section 624.501(1)(a), F.S.