BILL · 2001–02 SESSION

SB 5623: Surplus line brokers

Licensing surplus line brokers.

Summary

  • The Insurance Commissioner is authorized to license a nonresident person as a surplus lines broker if they meet all other requirements of the law, and if their state or province of residence extends a similar privilege to Washington residents. A nonresident surplus lines licensee is subject to the commissioner's supervision as though he or she were a resident of this state.

From the Senate Bill Report (SB 5623), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 29, 2001
  2. Out of committeeFeb 22, 2001
  3. Passed Senatestopped here
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Margarita Prentice (D-11)
Introduced
January 29, 2001 in the Senate
Last action
January 16, 2002
Companion bill
HB 1729

AN ACT Relating to licensing surplus line brokers;

Sponsors

Votes

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

History

  1. On motion, referred to Labor, Commerce & Financial Institutions.
  2. By resolution, reintroduced and retained in present status.
  3. By resolution, reintroduced and retained in present status.
  4. Senate Rules "X" file.
  5. Made eligible to be placed on second reading.
  6. LCF - Majority; do pass.
  7. Passed to Rules Committee for second reading.
  8. First reading, referred to Labor, Commerce & Financial Institutions.

SB 5623 in other sessions

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

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