CHAPTER NUMBER: 88
File Code: Insurance - Other than Health
Crossfiled with: SENATE BILL 598
- Sponsored By:
-
Delegate Donoghue
- Entitled:
-
Motor Clubs - Required Security - Letters of Credit
Authorizing an applicant for a license to provide motor club service,
in addition to other types of security, to deposit a specified letter
of credit in a specified amount as the security required for the
license; providing for the conditions of, liability under, and
cancellation of, the letters of credit; authorizing the Insurance
Commissioner to adopt regulations relating to letters of credit;
authorizing a licensed motor club to substitute one type of required
security for another, subject to approval by the Commissioner; etc.
House Action
- 2/7
- First Reading Economic Matters
- 2/13
- Hearing 2/27 at 1:00 p.m.
- 3/18
- Favorable with Amendments Report by Economic Matters
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 3/19
- Third Reading Passed (139-0)
- 4/1
- Returned Passed
- 4/9
- Signed by the Governor Chapter 88
Senate Action
- 3/20
- First Reading Finance
- Hearing 3/27 at 1:00 p.m.
- 4/1
- Favorable Report by Finance
- 3/31
- Favorable Report Adopted
- Second Reading Passed
- 4/1
- Third Reading Passed (46-0)
- Bill indexed under the following Subjects:
- CREDIT
- INSURANCE ADMINISTRATION
- LIABILITY -see also- GOOD SAMARITAN
- LICENSES -see also- ALCOHOLIC BEV LIC; DRIVERS' LICENSES
- MOTOR VEHICLES -see also- ABANDONED; AMBULANCES; BUSES; etc.
- RULES AND REGULATIONS
- SECURITY INTERESTS -see also- LIENS; MECHANICS' LIENS
- Bill affects the following Statute:
- Insurance
- (
26-204
)
- Bill Text:
First Reading (PDF),
Third Reading (PDF), Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
- House
- Number: 563793/1 (PDF) Offered on: March 18, 2002 at:
6:33 p.m. Status: Adopted
- Roll Call Votes (Legislative dates are shown):
- House
- March 19, 2002: Third Reading Passed (139-0)
- Senate
- April 1, 2002: Third Reading Passed (46-0)
