WA People
BILL · 1993–94 SESSION

SB 5708: Domestic insurers' investmnt

Investing by domestic insurers.

Summary

  • Revises provisions regulating investments by domestic insurers. Establishes a formula for determining the permitted amount of acquisition of lower and medium grade obligations. Does not require an insurer to sell or otherwise dispose of any obligation lawfully acquired before August 1, 1993.

From the Bill Digest (SB 5708), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedFeb 10, 1993
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Ray Moore (D-36)
Introduced
February 10, 1993 in the Senate
Last action
March 11, 1994
Requested by
Other

Sponsors

Prime sponsor: Ray Moore (D-36)

2 co-sponsors (1 Democrat, 1 Republican)

Eugene Prince R-9Margarita Prentice D-11

Votes

No recorded floor votes. This measure never reached a floor vote.

History

The Legislature's online data doesn't include step-by-step history for sessions before 2001. Its final status is shown above, and the official bill page may have more.

SB 5708 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

Report wrong or missing information on this page