|SB 0241||Allows mutual insurance companies to notify policy holders via newspaper under certain merger conditions|
|LR Number:||1078S.03T||Fiscal Note:||1078-03|
|Committee:||Insurance and Housing|
|Last Action:||07/10/01 - Signed by Governor||Journal page:|
|Title:||SCS SB 241|
|Effective Date:||August 28, 2001|
SCS/SB 241 - This act allows the Director of the Department of Insurance to approve a merger between mutual insurance companies if the Director is satisfied that the proposed merger was properly approved pursuant to the articles and bylaws of the companies.
This act is similar to HB 212 (2001).