Enrolled Bill Summary
Legislative Session: 84(R)|
Senate Bill 1093 |
Senate Author: Creighton |
|
Effective: 9-1-15 |
House Sponsor: Sheets |
Senate Bill 1093 amends the Insurance Code to remove the criteria that securities be readily marketable over a national exchange and have a maturity date of not later than one year to be acceptable as security for the payment of reinsurance obligations for life, health, and accident insurance companies and related entities or for property and casualty insurers.