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LA SB205

Bill

Status

Passed

6/7/2012

Primary Sponsor

Dan Morrish

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Origin

Senate

2012 Regular Legislative Session

AI Summary

Legislative Description

Lowers the minimum capital and surplus requirement for pure captive insurers and removes the prohibition on providing workers' compensation and employee liability insurance. (8/1/12) (EN NO IMPACT See Note)

INSURERS

Last Action

Effective date 8/1/12.

6/7/2012

Committee Referrals

Insurance2/28/2012

Full Bill Text

No bill text available