Iowa General Assembly Banner

 
Text: SF00050                           Text: SF00052
Text: SF00000 - SF00099                 Text: SF Index
Bills and Amendments: General Index     Bill History: General Index

Senate File 51

Partial Bill History

Bill Text

PAG LIN
  1  1    Section 1.  Section 515.48, subsection 10, Code 1997, is
  1  2 amended to read as follows:
  1  3    10.  Insure any additional risk not specifically included
  1  4 within any of the foregoing classes, which is a proper subject
  1  5 for insurance, is not prohibited by law or contrary to sound
  1  6 public policy, and which, after public notice and hearing, is
  1  7 specifically approved by the commissioner of insurance, except
  1  8 title insurance or insurance against loss or damage by reason
  1  9 of defective title, encumbrances or otherwise.  When such
  1 10 additional kind of insurance is approved by the commissioner,
  1 11 the commissioner shall designate within which classification
  1 12 of risks provided for in section 515.49 it shall fall.  
  1 13                           EXPLANATION
  1 14    This bill strikes language which excepts title insurance or
  1 15 insurance against loss or damage by reason of defective title,
  1 16 encumbrances or otherwise, from the list of risks which may be
  1 17 insured by a company formed for the purpose of providing
  1 18 insurance.  
  1 19 LSB 1646XS 77
  1 20 mj/sc/14
     
Text: SF00050                           Text: SF00052
Text: SF00000 - SF00099                 Text: SF Index
Bills and Amendments: General Index     Bill History: General Index
Return To Home Iowa General Assembly

index Search: Senate Bills and Amendments (77th General Assembly)

© 1997 Cornell College and League of Women Voters of Iowa

Comments? webmaster@legis.iowa.gov.

Last update: Wed Feb 5 03:40:03 CST 1997
URL: /DOCS/GA/77GA/Legislation/SF/00000/SF00051/970122.html
jhf