SB 2134: Insurance Receivership
GENERAL BILL by Grant
Insurance Receivership; creates "Interstate Insurance Receivership Compact"; establishes Interstate Insurance Receivership Commission; provides receivership functions; authorizes commission to levy & collect annual assessment from member states & insurers; specifies rate of assessment; exempts commission from all taxation; provides for amendment of compact & for withdrawal from compact; provides consequences for default by compacting state, etc.
Effective Date: 10/01/1998
Last Action: 5/1/1998 Senate - Died in Committee on Banking and Insurance
Bill Text: Web Page | PDF
Last Action: 5/1/1998 Senate - Died in Committee on Banking and Insurance
Bill Text: Web Page | PDF
Bill History
Date | Chamber | Action |
---|---|---|
3/3/1998 | Senate |
• Filed |
3/18/1998 | Senate |
• Introduced, referred to Banking and Insurance; Governmental Reform and Oversight; Ways and Means -SJ 00198 |
5/1/1998 | Senate |
• Died in Committee on Banking and Insurance |