SB300 Alabama 2010 Session
Summary
- Primary Sponsor
-
Roger Bedford, Jr.Democrat - Session
- Regular Session 2010
- Title
- Insurance companies, domestic, home office kept outside this state, requirement for duplicate records and office managed by officer of company deleted, records available to commissioner on request, Sec. 27-27-29 am'd.
- Description
Under existing law, a domestic insurer may maintain its principal place of business outside of this state if it maintains a complete duplicate set of records and keeps an office in this state managed by one or more officers of the insurer in this state.
This bill would delete these requirements and would specify that suitable and customary records be kept and made available to the Commissioner of Insurance at its offices outside the state.
- Subjects
- Insurance
Bill Actions
Delivered to Governor at 5:35 p.m. on April 21, 2010
Assigned Act No. 2010-685.
Passed Second House
Motion to Read a Third Time and Pass adopted Roll Call 1110
Hill motion to Table adopted Roll Call 1109
Signature Requested
Mitchell Amendment Offered
Third Reading Passed
Enrolled
Read for the second time and placed on the calendar
Read for the first time and referred to the House of Representatives committee on Banking and Insurance
Motion to Adopt adopted Roll Call 819
Third Reading Adopted
Read for the second time and placed on the calendar
Read for the first time and referred to the Senate committee on Banking and Insurance
Bill Text
Votes
Motion to Read a Third Time and Pass
Hill motion to Table
Documents
Source: Alabama Legislature