Relating to the Commissioner of Insurance; to add Section 8-33-14 to the Code of Alabama 1975, to specify that any person being examined by the commissioner in the enforcement of Chapter 33 of Title 8, Code of Alabama 1975, the Vehicle Protection Product Act, would be liable for the expenses of the examination; and to specify that all fees collected by the commissioner in the enforcement of the Vehicle Protection Product Act would be deposited in the Insurance Department Fund.
Section 8-33-14, is added to the Code of Alabama 1975, to read as follows. §8-33-14. (a) All fees collected pursuant to this chapter shall be paid into the Insurance Department Fund for the enforcement of this chapter. (b) Each person being examined by the commissioner in the enforcement of this chapter shall be liable for and pay the expenses of the examination as provided in Section 27-2-25.
This act shall become effective immediately following its passage and approval by the Governor, or its otherwise becoming law. Senate Read for the first time and referred to the Senate committee on Banking and Insurance................ 0.4-FEB-20Read for the second time and placed on the calen- dar with 1 substitute and......................... 1.3-FEB-20Read for the third time and passed as amended .... 0.5-MAR-20 Yeas 32 Nays Patrick Harris, Secretary.
|March 12, 2020||H||Pending third reading on day 13 Favorable from Insurance|
|March 12, 2020||H||Read for the second time and placed on the calendar|
|March 5, 2020||H||Read for the first time and referred to the House of Representatives committee on Insurance|
|March 5, 2020||S||Engrossed|
|March 5, 2020||S||Motion to Read a Third Time and Pass adopted Roll Call 281|
|March 5, 2020||S||Shelnutt motion to Adopt adopted Roll Call 280|
|March 5, 2020||S||Banking and Insurance first Substitute Offered|
|March 5, 2020||S||Third Reading Passed|
|February 13, 2020||S||Read for the second time and placed on the calendar with 1 substitute and|
|February 4, 2020||S||Read for the first time and referred to the Senate committee on Banking and Insurance|