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OK SB2078

Bill

Status

Introduced

2/1/2010

Primary Sponsor

John Sparks

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Origin

Senate

2010 Regular Session

AI Summary

  • Amends 36 O.S. 2001, Section 104 (Oklahoma Insurance Code) to clarify the definition of "Person"

  • Changes the word "includes" to "means" in the statutory definition to make the list of entities more definitive rather than illustrative

  • Defines "Person" to encompass individuals, companies, insurers, associations, organizations, reciprocal or inter-insurance exchanges, partnerships, syndicates, business trusts, corporations, Lloyd's associations, and farmer's educational and cooperative unions

  • Becomes effective November 1, 2010

Legislative Description

Insurance; clarifying language. Effective date.

Insurance

Last Action

Second Reading referred to Rules

2/2/2010

Committee Referrals

Rules2/2/2010

Full Bill Text

No bill text available