SB 1900: Insurance
GENERAL BILL by Ring
Insurance; Amends provisions relating to acquisition of controlling stock with respect to stock and mutual insurers. Provides that a person may not acquire a domestic stock insurer or a controlling company unless such person has filed with the commissioner and sent to the insurer a statement containing specified information and the offer, request, invitation, agreement, or acquisition has been approved by the Commissioner of Insurance. Authorizes the commissioner to retain attorneys and experts in reviewing the proposed acquisition of control, etc.
Last Action: 5/7/2011 Senate - Died in Banking and Insurance
Bill Text: Web Page | PDF
- Banking and Insurance (BI)
- Budget (BC)
• Referred to Banking and Insurance; Budget -SJ 242
• Introduced -SJ 241
• Indefinitely postponed and withdrawn from consideration
• Died in Banking and Insurance
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