SB 1346
Modifies the term "purchase" as it relates to political subdivisions purchasing liability insurance for tort claims
Sponsor:
LR Number:
5106S.01I
Last Action:
3/5/2024 - Voted Do Pass S Insurance and Banking Committee
Journal Page:
Title:
Effective Date:
August 28, 2024

Current Bill Summary

SB 1346 - As it relates to political subdivisions purchasing liability insurance for tort claims made against the political subdivision, this act defines the term "purchase" to refer only to the direct acquisition of insurance coverage by a governing body and not any indirect action by contract or otherwise.

This act is substantially similar to HB 2690 (2022).

KATIE O'BRIEN

Amendments

No Amendments Found.