AN ACT TO ALLOW THE STATE TREASURER TO PURCHASE LIABILITY INSURANCE. Summarized in Daily Bulletin 4/19/11 and 6/7/11. Enacted June 24, 2011. Effective June 24, 2011.
DIRECTOR AND OFFICER INSURANCE FOR TREASURER.
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TO ALLOW THE STATE TREASURER TO PURCHASE LIABILITY INSURANCE.Intro. by Meredith.
Status: Ch. SL 2011-300 (Senate Action) (Jun 24 2011)
Bill History:
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Tue, 19 Apr 2011 Senate: Filed
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Wed, 20 Apr 2011 Senate: Passed 1st Reading
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Wed, 20 Apr 2011 Senate: Ref To Com On Insurance
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Tue, 7 Jun 2011 Senate: Reptd Fav Com Substitute
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Tue, 7 Jun 2011 Senate: Com Substitute Adopted
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Tue, 7 Jun 2011 Senate: Placed On Cal For 6/7/2011
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Tue, 7 Jun 2011 Senate: Amend Adopted 1
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Tue, 7 Jun 2011 Senate: Passed 2nd & 3rd Reading
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Tue, 7 Jun 2011 Engrossed
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Wed, 8 Jun 2011 House: Passed 1st Reading
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Wed, 8 Jun 2011 House: Ref To Com On Insurance
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Tue, 14 Jun 2011 House: Reptd Fav
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Tue, 14 Jun 2011 House: Cal Pursuant Rule 36(b)
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Tue, 14 Jun 2011 House: Placed On Cal For 6/14/2011
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Wed, 15 Jun 2011 House: Passed 2nd & 3rd Reading
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Thu, 16 Jun 2011 Ratified
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Fri, 17 Jun 2011 Pres. To Gov. 6/17/2011
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Fri, 24 Jun 2011 Signed By Gov. 6/24/2011
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Fri, 24 Jun 2011 Ch. SL 2011-300
S 702/S.L. 2011-300
Bill Summaries:
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Summary date: Jun 30 2011 - View Summary
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Bill S 702 (2011-2012)Summary date: Jun 7 2011 - View Summary
Senate committee substitute makes the following changes to 1st edition. Amends proposed GS 147-69.3A(a) to include members of boards in the Department of the State Treasurer to those groups for which the State Treasurer may purchase commercial insurance.
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Bill S 702 (2011-2012)Summary date: Jun 7 2011 - View Summary
Senate amendment makes the following changes to 2nd edition. Amends proposed GS 147-69.3A(c) to clarify that the purchase of insurance will not waive sovereign immunity or any other defense available to the State Treasurer, boards in the Department of State Treasurer, members of boards in the Department, or employees or agents of the State Treasurer.
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Bill S 702 (2011-2012)Summary date: Apr 19 2011 - View Summary
Adds new GS 147-69.3A as title indicates. Insurance purchased may be of any kind and may cover all risks or potential liability for Treasurer, board members serving on boards housed in the Treasurer’s office, and employees and agents of the Treasurer, including liability for investments managed by the Treasurer. Specifies that purchase of insurance does not waive sovereign immunity or other defenses.
View: All Summaries for Bill