Reinsurance intermediaries and managing general agents; licensure. (SB593)

Introduced By

Sen. John Watkins (R-Midlothian)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Licenses of reinsurance intermediaries and managing general agents. Authorizes the State Corporation Commission to place on probation, suspend, revoke, or refuse to issue or renew the license of a reinsurance intermediary or managing general agent that has had its corporate existence or certificate of organization, trust, partnership, authority, or registration terminated, cancelled, surrendered, or revoked. Read the Bill »

Status

04/05/2006: signed by governor

History

DateAction
01/11/2006Presented and ordered printed 062662158
01/11/2006Referred to Committee on Commerce and Labor
01/15/2006Fiscal impact statement from SCC (SB593)
01/25/2006Constitutional reading dispensed (39-Y 0-N)
01/25/2006VOTE: (39-Y 0-N)
01/26/2006Read second time and engrossed
01/27/2006Read third time and passed Senate (38-Y 0-N)
01/27/2006VOTE: (38-Y 0-N)
01/27/2006Communicated to House
02/13/2006Placed on Calendar
02/13/2006Read first time
02/13/2006Referred to Committee on Commerce and Labor
02/16/2006Reported from Commerce and Labor (21-Y 0-N)
02/20/2006Read second time
02/21/2006Read third time
02/21/2006Passed House BLOCK VOTE (98-Y 0-N)
02/21/2006VOTE: BLOCK VOTE PASSAGE (98-Y 0-N)
02/27/2006Bill text as passed Senate and House (SB593ER)
02/27/2006Enrolled
02/28/2006Signed by Speaker
03/01/2006Signed by President
03/02/2006Fiscal impact statement from SCC (SB593ER)
04/05/2006G Approved by Governor-Chapter 762 (effective 7/1/06)
04/17/2006G Acts of Assembly Chapter text (CHAP0762)