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AR SB860

Bill

Official Source

Status

Failed

4/27/2011

Primary Sponsor

Steve Harrelson

Click for details

Origin

Senate

88th General Assembly (2011 Regular)

AI Summary

  • Regulates shareholder rights and board representation for family-controlled Arkansas holding companies that are regulated life insurance companies
  • Protects the rights of shareholders in such entities
  • Applies specifically to life insurance companies organized or incorporated in Arkansas
  • Establishes standards for shareholder representation on boards of directors
  • Bill was introduced by Senator S. Harrelson in the 88th General Assembly regular session in 2011

Legislative Description

To Regulate Shareholder Rights And Representation On The Board Of Directors For Family-controlled Arkansas Holding Companies That Are Regulated Life Insurance Companies; And To Protect The Rights Of Shareholders.

Last Action

Senate Sine Die adjournment

4/27/2011

Committee Referrals

Insurance & Commerce3/7/2011

Full Bill Text

No bill text available