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Georgia General Assembly > Legislation
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2007-2008 Regular Session - HB 377
Mutual Holding Company Act; enact
Sponsored By
Committees
HC: InsuranceSC:
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 a short title; to define certain terms; to provide for reorganization of mutual insurers and formation of mutual insurance holding companies; to provide for mergers of mutual insurers or other entities with mutual insurance holding companies; to provide for approval of reorganization plans or merger plans by policyholders; to provide for approval of reorganization plans or merger plans by the Commissioner of Insurance; to provide for domestication of mutual insurance holding companies; to provide for conversion of mutual insurance holding companies; to provide for applicability of certain provisions and rehabilitation and liquidation; to provide an effective date; to repeal conflicting laws; and for other purposes.
Status History
Feb/13/2007 - House Second Readers
Feb/12/2007 - House First Readers
Feb/10/2007 - House Hopper
Versions
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