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OK HB1593

Bill

Official Source

Status

Introduced

2/4/2013

Primary Sponsor

Rebecca Hamilton

Click for details

Origin

House of Representatives

2014 Regular Session

AI Summary

HB1593 Summary

  • Amends 36 O.S. 2011, Section 102 to clarify the definition of "insurance"

  • Defines insurance as "a contract whereby one undertakes to indemnify another or to pay a specified amount upon determinable contingencies"

  • Replaces the word "is" with the phrase "as used in this title means" for clearer statutory language

  • Effective date: November 1, 2013

Legislative Description

Insurance; clarifying language; effective date.

Insurance

Last Action

Second Reading referred to Insurance

2/5/2013

Committee Referrals

Insurance2/5/2013

Full Bill Text

No bill text available