# Fla. Stat. § 946.509: 946.509 Insurance of property leased or acquired by the corporation

> Florida · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_FL_TXLVII_C946_PII_S946.509

## Section

- **Citation:** Fla. Stat. § 946.509
- **Heading:** 946.509 Insurance of property leased or acquired by the corporation
- **Jurisdiction:** Florida
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Florida Code / Title XLVII / Chapter 946 / Part II / Section 946.509

## Text

(1) The State Risk Management Trust Fund created under s. 284.30 shall insure all property eligible for coverage under part I of chapter 284 which is leased by the department to the corporation or which is subsequently acquired and owned or leased by the corporation and subject to the reversionary ownership interest of the state established in s. 946.505.

(2) Coverage under the State Risk Management Trust Fund of property leased to or otherwise acquired by the corporation shall be secured and maintained through the existing policy and account of the Department of Corrections with the Division of Risk Management of the Department of Financial Services. All matters, including premium calculations, assessments and payments, retrospective premium adjustments, reporting requirements, and other requirements, concerning coverage of such property under the State Risk Management Trust Fund shall be conducted as if all such property were owned solely by the department. Except as required by chapter 284, if the corporation finds that it is more economical to do so, the corporation may secure private insurance coverage on all or a portion of the activities of or properties used by the corporation. If coverage through the State Risk Management Trust Fund is not secured, the corporation must present documentation of insurance coverage to the Division of Risk Management equal to the coverage that could otherwise be provided by the State Risk Management Trust Fund.

History: s. 2, ch. 83-209; ss. 4, 12, ch. 87-286; s. 6, ch. 96-270; s. 65, ch. 96-418; s. 37, ch. 97-93; s. 5, ch. 97-227; s. 24, ch. 2000-122; s. 6, ch. 2001-242; s. 1931, ch. 2003-261.

## Nearby sections

- [Fla. Stat. § 946.501 946.501 Findings of fact.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXLVII_C946_PII_S946.501.md)
- [Fla. Stat. § 946.502 946.502 Legislative intent with respect to operation of correctional work programs.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXLVII_C946_PII_S946.502.md)
- [Fla. Stat. § 946.503 946.503 Definitions to be used with respect to correctional work programs.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXLVII_C946_PII_S946.503.md)
- [Fla. Stat. § 946.504 946.504 Organization of corporation to operate correctional work programs; lease of facilities.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXLVII_C946_PII_S946.504.md)
- [Fla. Stat. § 946.505 946.505 Reversion upon dissolution of corporation or termination of lease.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXLVII_C946_PII_S946.505.md)
- [Fla. Stat. § 946.506 946.506 Modification or termination of correctional work program by the corporation.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXLVII_C946_PII_S946.506.md)
- [Fla. Stat. § 946.509 946.509 Insurance of property leased or acquired by the corporation.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXLVII_C946_PII_S946.509.md)
- [Fla. Stat. § 946.510 946.510 Insurance by Division of Risk Management.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXLVII_C946_PII_S946.510.md)
- [Fla. Stat. § 946.511 946.511 Inmate labor to operate correctional work programs.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXLVII_C946_PII_S946.511.md)
- [Fla. Stat. § 946.512 946.512 Inmate compensation plan.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXLVII_C946_PII_S946.512.md)
- [Fla. Stat. § 946.513 946.513 Private employment of inmates; disposition of compensation received.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXLVII_C946_PII_S946.513.md)
- [Fla. Stat. § 946.514 946.514 Civil rights of inmates; inmates not state employees; liability of corporation for inmate injuries.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXLVII_C946_PII_S946.514.md)
- [Fla. Stat. § 946.515 946.515 Use of goods and services produced in correctional work programs.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXLVII_C946_PII_S946.515.md)
- [Fla. Stat. § 946.516 946.516 Corporation status report and annual financial audit report.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXLVII_C946_PII_S946.516.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_FL_TXLVII_C946_PII_S946.509. Check the current official text before relying on it. Not legal advice.