SB 1204: Insurance Receivership
GENERAL BILL by Grant
Insurance Receivership; creates "Interstate Insurance Receivership Compact"; establishes Commission; provides for immunity from liability for commission & staff; authorizes commission to levy & collect annual assessment from member states & insurers; specifies rate of assessment; exempts commission from all taxation; provides for effect of, amendment of, & withdrawal from compact; provides consequences for default by compacting state, etc.
Effective Date: 10/01/1999
Last Action: 4/30/1999 Senate - Died in Committee on Banking and Insurance
Bill Text: Web Page | PDF
Last Action: 4/30/1999 Senate - Died in Committee on Banking and Insurance
Bill Text: Web Page | PDF
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Bill History
Date Chamber Action 2/12/1999 Senate • Prefiled
3/2/1999 Senate • Introduced, referred to Banking and Insurance; Governmental Oversight and Productivity; Fiscal Policy -SJ 00081
4/30/1999 Senate • Died in Committee on Banking and Insurance
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SB 1204, Original Filed Version (Current Bill Version) Posted 8/28/2000 at 9:55 AM