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Georgia General Assembly > Legislation
2019-2020 Regular Session - SB 156
Insurance; division of a domestic insurer into two or more resulting domestic insurers; provide
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First Reader Summary
A BILL to be entitled an Act to amend Title 33 of the O.C.G.A., relating to insurance, so as to provide for the division of a domestic insurer into two or more resulting domestic insurers; to provide for definitions; to provide for a plan of division subject to approval by the Insurance Commissioner; to amend Part 1 of Article 13 of Chapter 2 of Title 14 of the O.C.G.A., relating to the right to dissent and obtain payment for shares, so as to add the right to dissent and obtain payment for shares for a division of a domestic insurer; to provide for related matters; to repeal conflicting laws; and for other purposes.
Status History
Jul/01/2019 - Effective Date
May/02/2019 - Act 147
May/02/2019 - Senate Date Signed by Governor
Apr/05/2019 - Senate Sent to Governor
Mar/18/2019 - House Passed/Adopted
Mar/18/2019 - House Third Readers
Mar/13/2019 - House Committee Favorably Reported
Mar/04/2019 - House Second Readers
Mar/01/2019 - House First Readers
Feb/28/2019 - Senate Passed/Adopted By Substitute
Feb/28/2019 - Senate Third Read
Feb/27/2019 - Senate Read Second Time
Feb/26/2019 - Senate Committee Favorably Reported By Substitute
Feb/22/2019 - Senate Read and Referred
Feb/21/2019 - Senate Hopper
03/18/2019 Modified Structured Rule
Mar/18/2019 - House Vote #251Yea(169)Nay(0)NV(3)
Feb/28/2019 - Senate Vote #76Yea(53)Nay(1)NV(1)
Past Versions