Summary of the Perfected Version of the Bill

HB 1423 -- SECURITIES REGULATION (Page)

COMMITTEE OF ORIGIN:  Senior Citizen Advocacy

This bill changes the definition of "security" as it is used in
the laws regulating securities so that the sale of variable
annuities will be regulated by the Secretary of State.
Currently, sales are regulated by the Department of Insurance.

FISCAL NOTE:  No impact on state funds in FY 2007, FY 2008, and
FY 2009.

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Missouri House of Representatives
93rd General Assembly, 2nd Regular Session
Last Updated November 29, 2006 at 9:43 am