Clarifies the definition of "net income" for insurance holding companies and revises restrictions on the issuance of extraordindary dividends by holding companies for property and casualty insurers.
| Sponsor: |
Richard, Ron (129) |
| Effective Date: |
8/28/2004 |
| LR Number: |
3971L.03T |
| Governor Action: |
07/01/2004 - Approved by Governor (G) |
| Last Action: |
07/01/2004 - Delivered to Secretary of State (G) |
| Bill String: |
HCS HB 1198 |
| Next House Hearing: |
Hearing not scheduled |
| Calendar: |
Bill currently not on a House calendar |