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Enrolled Bill Summary

Enrolled Bill Summary

Legislative Session: 84(R)

House Bill 3031

House Author:  Thompson, Senfronia

Effective:  5-21-15

Senate Sponsor:  Hancock

            House Bill 3031 amends the Insurance Code to authorize the comptroller of public accounts to decertify a certified capital company under the Texas Certified Capital Company program on written request if the company has invested 100 percent of the company's certified capital in qualified investments.