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HB 1703 |
Provides that political subdivisions forming a business entity for the purpose of providing liability insurance are not to be considered an insurance company |
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Current Bill Summary
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- Prepared by Senate Research -
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HCS#2/HB 1703 - This act provides that political subdivisions forming a business entity for the purpose of providing liability and other insurance under Section 537.620 are not to be considered an insurance company or insurer under the laws of Missouri and that the activities provided by the subdivisions in this regard shall not constitute the transaction of insurance business.STEPHEN WITTE
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