CHAPTER NUMBER: 752
File Code: Insurance - Liability and Miscellaneous
- Sponsored By:
-
Delegates Barve and Frank
- Entitled:
-
Regulation of Insurance Professions - Advisers - Exemptions
Exempting from regulation as an adviser by the Maryland Insurance
Commissioner an individual who is employed by an investment adviser
registered with the Securities and Exchange Commission, whose only
clients in the State each has assets of not less than $5,000,000 and
is a specified type of institutional investor, and whose business
activities in the State are limited to guaranteed or synthetic
investment contracts.
House Action
- 2/23
- First Reading House Rules
- 3/2
- Re-referred Economic Matters
- Hearing 3/18 at 1:00 p.m.
- 3/26
- Favorable with Amendments Report by Economic Matters
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 3/27
- Third Reading Passed (129-0)
- 4/10
- Return Passed
- 5/21
- Signed by the Governor Chapter 752
Senate Action
- 3/30
- First Reading Finance
- 3/31
- Hearing 4/6 at 1:00 p.m.
- 4/9
- Favorable Report by Finance
- 4/10
- Favorable Report Adopted
- Second Reading Passed
- 4/11
- Third Reading Passed (44-0)
- Sponsored by:
- Delegate Kumar P. Barve, District 17
- Delegate Robert L. Frank, District 11
- Bill indexed under the following Subjects:
- ADMINISTRATIVE AGENCIES
- AGENTS AND BROKERS
- BANKS AND TRUST COMPANIES
- COMMERCE AND BUSINESS -see also- ENTERPRISE ZONES;SMALL BUS.
- COMMITTEES AND COMMISSIONS -see also- POLITICAL COMMITTEES
- FEDERAL GOVERNMENT
- FINANCIAL INSTITUTIONS -see also- BANKS & TRUST CO; CREDIT U
- INSURANCE ADMINISTRATION
- INSURANCE -see also- HEALTH INSURANCE; MOTOR VEHICLE INS
- INTEREST
- INVESTMENTS -see also- SECURITIES
- RULES AND REGULATIONS
- SAVINGS AND LOAN ASSOCIATIONS
- SECURITIES
- WORK, LABOR AND EMPLOYMENT -see also- LEAVE; O.T.; SAL COMP.
- Bill affects the following Statutes:
- Insurance
- (
10-201 ,
10-202
)
- Bill Text:
First Reading (PDF),
Third Reading (PDF), Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
- House
- Number: 223075/1 (PDF) Offered on: March 26, 1998 at:
10:34 a.m. Status: Adopted
- Roll Call Votes (Legislative dates are shown):
- House
- March 27, 1998: Third Reading Passed (129-0)
- Senate
- April 11, 1998: Third Reading Passed (44-0)
