BILL · 2003–04 SESSION
SB 5810: Domestic mutual insurers
Borrowing money by domestic mutual insurers.
Summary
- Domestic mutual insurers comply with the National Association of Insurance Commissioner's Accounting Practice and Procedures Manual when accounting for borrowed money. The interest on the borrowed money must be "fair and reasonable."
From the Senate Bill Report (SB 5810), written by the Legislature's nonpartisan staff. Read the full report ↗
Did not pass Did not pass · stalled on the Senate floor
- IntroducedFeb 13, 2003
- Out of committeeFeb 24, 2003
- Passed Senatestopped here
- Passed House
- Governor
- Law
- Prime sponsor
- Don Benton (R-17)
- Introduced
- February 13, 2003 in the Senate
- Last action
- January 12, 2004
- Companion bill
- HB 1654
AN ACT Relating to borrowing money by domestic mutual insurers;
Sponsors
Votes
No recorded floor votes.
History
- By resolution, reintroduced and retained in present status.
- By resolution, reintroduced and retained in present status.
- By resolution, reintroduced and retained in present status.
- Senate Rules "X" file.
- Referred to Rules.
- Placed on second reading by Rules Committee.
- Made eligible to be placed on second reading.
- Passed to Rules Committee for second reading.
- FSIH - Majority; do pass.
- First reading, referred to Financial Services, Insurance & Housing.
SB 5810 in other sessions
Bill numbers restart every two years, so the same number is a different bill in each session.
- SB 5810 (2025–26) Operating budget
- SB 5810 (2023–24) Interpreter bargaining units
- SB 5810 (2021–22) Legal service plans
- SB 5810 (2019–20) Working families' tax credit
- SB 5810 (2017–18) Attempted murder
- SB 5810 (2015–16) Electronic signatures
- SB 5810 (2013–14) Security threat group info
- SB 5810 (2011–12) Mortgage loan servicers