69O-185.001. Subject of Insurance Defined  


Effective on Tuesday, December 24, 1974
  • 1The term “subject of insurance” as used in Chapter 635, Florida Statutes, is hereby interpreted to mean a borrower’s promise to pay the debt secured by a mortgage or the aggregate of such borrower’s promises to pay a series of debts secured by one or more mortgages on one or more parcels of real property.

    56Specific Authority 58635.081 FS. 60Law Implemented 62635.011, 63635.031 FS. 65History–Repromulgated 12-24-74, Formerly 4-2.01, 4-2.001, 4-185.001.