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Legislation


2004 Regular Session

HOUSE BILL 1109

File Code: Insurance - Other than Health Crossfiled with: SENATE BILL 641
Sponsored By:
Delegate Hammen
Entitled:
Life Insurance - Insurable Interests

Synopsis:

Authorizing an organization to which charitable contributions may be made under specified provisions of federal law, and a trust, partnership, corporation, limited liability company, or similar entity approved in writing by the organization, to procure or cause to be procured an insurance policy on the life of an individual under specified circumstances; providing that specified institutions, organizations, and entities have an insurable interest in the life of the insured; etc.

History by Legislative Date

House Action
2/13
First Reading Health and Government Operations
2/18
Hearing 3/9 at 1:00 p.m.
4/12
Referred to interim study by Health and Government Operations
Senate Action
No Action
Bill indexed under the following Subjects:
CORPORATIONS -see also- MUNICIPAL CORPORATIONS
ESTATES AND TRUSTS
INSURANCE -see also- HEALTH INS; MAIF; MOTOR VEHICLE INS
LIMITED LIABILITY COMPANIES
NONPROFIT ORGANIZATIONS
PARTNERSHIPS
SIGNATURES
Bill affects the following Statute:
Insurance
( 12-201 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)
Amendments: None offered
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