SB 0250 | Limits An Exemption From Insurance Regulation Relating to Nonprofit Entities |
Sponsor: | Curls | |||
LR Number: | S1025.01I | Fiscal Note: | 1025-01 | |
Committee: | Insurance and Housing | |||
Last Action: | 02/05/97 - Hearing Conducted S Insurance & Housing Committee | Journal page: | ||
Title: | ||||
Effective Date: | August 28, 1997 | |||
SB 250 - This act limits an exemption from insurance
regulation for insurance provided to nonprofit educational,
religious or charitable institutions. These insurance contracts
shall only be exempted if they are not subject to guarantee fund
assessments in the state of domicile.
MIKE HOEFERKAMP