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WV HB4242
Bill
Status
1/14/2026
Primary Sponsor
Doug Smith
Click for details
AI Summary
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Authorizes the West Virginia Insurance Commission to promulgate a legislative rule governing premium financing for life insurance policies marketed to college students
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The rule was filed in the State Register on July 22, 2025, and would be codified as 114 CSR 07
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Grants rulemaking authority under §33-2-10 of the West Virginia Code, which provides general regulatory powers to the Insurance Commission
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Amends §64-7-1 of the West Virginia Code to add this specific authorization for the Insurance Commission
Legislative Description
Relating to authorizing the Insurance Commission to promulgate a legislative rule relating to premium financing for life insurance for college students.
Legislature--Rule Making
Last Action
To House Finance
1/14/2026