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2008 SESSION

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SB 182 Insurance company investments; preferred stocks.

Introduced by: Yvonne B. Miller | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Insurance company investments; preferred stocks.  Revises the rating criteria stated for preferred stock in which a domestic insurer may invest.  References to specific rating categories of the National Association of Insurance Commissioners' Securities Valuation Office are deleted, and in their place are added the categories of "highest quality," "high quality," and "medium quality."


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