§ Rule 7-2.3 Payments

Codes > Florida Statutes > Rules Regulating > Chapter 7 : 7-2 Committee > Rule 7-2.3

Rule 7-2.3. Payments

    (a) Payment is Discretionary. If, in the judgment of the board or the committee, as the case may be, a reimbursable loss has been sustained by a claimant and the circumstances warrant relief, then, after taking into consideration the resources of the fund and the priority to be assigned to such claim, the committee or the board may, in the exercise of their respective discretion, as a matter of grace and not of right, grant monetary relief within the amount of their respective authority as set forth in rule 7-2.2(b).

    (b) Determination of Amount and Manner of Payment. Such monetary relief shall be in such an amount as the board may
determine and shall be payable in such a manner and upon such conditions and terms as the board shall prescribe.

    (c) No Right to Payment. No claimant shall have any right, legal or equitable, contractual or statutory, to a grant of monetary relief from the fund, and neither a determination by the board to pay any portion or all of any claim, nor partial payment, shall vest any such right in the claimant.