CHAPTER NUMBER: 101
File Code: Insurance - Other than Health
Prior Year Introduction As: HB 230/99 - ECM
Crossfiled with: SENATE BILL 148
- Sponsored By:
-
Delegates Brown, Gordon,
Donoghue, Fulton, and Pendergrass
- Entitled:
-
Mutual Insurance Holding Company Act
Establishing a process by which a mutual insurance company can convert
to a stock insurer and form a mutual insurance holding company;
requiring mutual insurers that wish to use this process to convert in
accordance with a plan of reorganization; requiring a plan of
reorganization to contain specified provisions; providing membership
rights to specified policyholders; providing for the application of
mutual insurance policy terms and conditions after a reorganization;
etc.
House Action
- 1/17
- First Reading Economic Matters
- Hearing 1/27 at 1:00 p.m.
- 2/7
- Favorable with Amendments Report by Economic Matters
- 2/8
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 2/11
- Third Reading Passed (136-0)
- 3/29
- Returned Passed
- 4/25
- Signed by the Governor Chapter 101
Senate Action
- 2/14
- First Reading Finance
- 3/15
- Hearing 3/21 at 1:00 p.m.
- 3/28
- Favorable Report by Finance
- 3/29
- Favorable Report Adopted
- Second Reading Passed
- 3/30
- Third Reading Passed (47-0)
- Sponsored by:
- Delegate Anthony G. Brown, District 25
- Delegate John P. Donoghue, District 2C
- Delegate Tony E. Fulton, District 40
- Delegate Michael R. Gordon, District 17
- Delegate Shane E. Pendergrass, District 13A
- Bill indexed under the following Subjects:
- CORPORATIONS -see also- MUNICIPAL CORPORATIONS
- HEARINGS
- INSURANCE ADMINISTRATION
- INSURANCE -see also- HEALTH INS; MAIF; MOTOR VEHICLE INS
- RULES AND REGULATIONS
- SECURITIES
- Bill affects the following Statutes:
- Insurance
- (
3-121.1 ,
7-103
)
- Bill Text:
First Reading (PDF),
Third Reading (PDF), Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
- House
- Number: 093999/1 (PDF) Offered on: February 8, 2000 at:
10:19 a.m. Status: Adopted
- Roll Call Votes (Legislative dates are shown):
- House
- February 11, 2000: Third Reading Passed (136-0)
- Senate
- March 30, 2000: Third Reading Passed (47-0)
