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Georgia General Assembly > Legislation
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2017-2018 Regular Session - HB 754
Insurance; division of a domestic insurer into two or more resulting domestic insurers; provisions
Sponsored By
Sponsored In Senate By
Committees
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 provide for a certificate of division; to provide for the effect of a division; to provide for the responsibilities of a resulting insurer; to provide for shareholder appraisal rights; to provide for rules and regulations; to revise the authorization and procedure for merger or consolidation; 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
May/08/2018 - Veto V10
May/08/2018 - House Date Signed by Governor
Apr/03/2018 - House Sent to Governor
Mar/15/2018 - Senate Passed/Adopted
Mar/15/2018 - Senate Third Read
Mar/12/2018 - Senate Read Second Time
Mar/09/2018 - Senate Committee Favorably Reported
Mar/01/2018 - Senate Read and Referred
Feb/28/2018 - House Passed/Adopted By Substitute
Feb/28/2018 - House Third Readers
Feb/21/2018 - House Committee Favorably Reported By Substitute
Jan/30/2018 - House Second Readers
Jan/29/2018 - House First Readers
Jan/25/2018 - House Hopper
Votes
Mar/15/2018 - Senate Vote #617Yea(51)Nay(0)NV(3)
Exc(2)
Feb/28/2018 - House Vote #598Yea(173)Nay(0)NV(6)
Exc(1)
Past Versions
Versions
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