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2003 SESSION

• | print version

SB 877 Insurance agents; payment of late payment penalties.

Introduced by: William C. Wampler, Jr. | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED: (all summaries)

Insurance agents; payment of late payment penalties. Clarifies that an insurer's failure to pay penalties imposed as a result of late payment of appointment processing fees and renewal appointment fees constitutes nonpayment of the required fees, and such failure constitutes grounds for termination of the appointment.

FULL TEXT

• 01/08/03  Senate: Presented & ordered printed, prefiled 01/07/03 030281254  pdf | impact statement
• 02/24/03  Senate: Bill text as passed Senate and House (SB877ER)  pdf | impact statement
• 03/31/03  Governor: Acts of Assembly Chapter text (CHAP0871)  pdf

HISTORY

• 01/08/03  Senate: Presented & ordered printed, prefiled 01/07/03 030281254
• 01/08/03  Senate: Referred to Committee on Commerce and Labor
• 01/13/03  Senate: Reported from Commerce and Labor (15-Y 0-N)
• 01/15/03  Senate: Constitutional reading dispensed (40-Y 0-N)
• 01/15/03  Senate: VOTE: CONST. RDG. DISPENSED R (40-Y 0-N)
• 01/16/03  Senate: Read second time and engrossed
• 01/17/03  Senate: Read third time and passed Senate (38-Y 0-N)
• 01/17/03  Senate: VOTE: PASSAGE R (38-Y 0-N)
• 01/17/03  Senate: Rec. of passage agreed to by Senate (39-Y 0-N)
• 01/17/03  Senate: VOTE: RECONSIDER R (39-Y 0-N)
• 01/17/03  Senate: Passed Senate (39-Y 0-N)
• 01/17/03  Senate: VOTE: PASSAGE R (39-Y 0-N)
• 01/17/03  Senate: Communicated to House
• 01/23/03  House: Placed on Calendar
• 01/23/03  House: Read first time
• 01/23/03  House: Referred to Committee on Commerce and Labor
• 02/11/03  House: Reported from Commerce and Labor (21-Y 0-N)
• 02/13/03  House: Read second time
• 02/14/03  House: Read third time
• 02/14/03  House: Passed House BLOCK VOTE (99-Y 0-N)
• 02/14/03  House: VOTE: BLOCK VOTE PASSAGE (99-Y 0-N)
• 02/24/03  Senate: Bill text as passed Senate and House (SB877ER)
• 02/26/03  House: Enrolled
• 02/26/03  House: Signed by Speaker
• 02/27/03  Senate: Signed by President
• 03/22/03  Governor: Approved by Governor-Chapter 871 (effective 7/1/03)
• 03/31/03  Governor: Acts of Assembly Chapter text (CHAP0871)