AN ACT TO MODERNIZE THE SURPLUS LINES ACT BY INCLUDING ALIEN INSURERS IN THE DEFINITION OF AN ELIGIBLE SURPLUS LINES INSURER, BY REPEALING COUNTERSIGNING REQUIREMENTS, AND BY PROVIDING GREATER FLEXIBILITY FOR THE MANNER OF COLLECTION AND REFUND OF THE SURPLUS LINES TAX. Enacted June 19, 2015. Effective June 19, 2015.
SURPLUS LINES AMENDMENTS.
Printer-friendly: Click to view
| View NCGA Bill Details(link is external) | 2015-2016 Session |
AN ACT TO MODERNIZE THE SURPLUS LINES ACT BY INCLUDING ALIEN INSURERS IN THE DEFINITION OF AN ELIGIBLE SURPLUS LINES INSURER, BY REPEALING COUNTERSIGNING REQUIREMENTS, AND BY PROVIDING GREATER FLEXIBILITY FOR THE MANNER OF COLLECTION AND REFUND OF THE SURPLUS LINES TAX.Intro. by Pendleton, Tine, Setzer.
Status: Ch. SL 2015-101 (House Action) (Jun 19 2015)
Bill History:
-
Tue, 17 Mar 2015 House: Filed(link is external)
-
Wed, 18 Mar 2015 House: Passed 1st Reading(link is external)
-
Wed, 18 Mar 2015 House: Ref To Com On Insurance(link is external)
-
Tue, 21 Apr 2015 House: Reptd Fav Com Substitute(link is external)
-
Tue, 21 Apr 2015 House: Cal Pursuant Rule 36(b)(link is external)
-
Tue, 21 Apr 2015 House: Placed On Cal For 04/22/2015(link is external)
-
Wed, 22 Apr 2015 House: Passed 2nd Reading(link is external)
-
Wed, 22 Apr 2015 House: Passed 3rd Reading(link is external)
-
Thu, 23 Apr 2015 House: Regular Message Sent To Senate(link is external)
-
Thu, 23 Apr 2015 Senate: Regular Message Received From House(link is external)
-
Thu, 23 Apr 2015 Senate: Passed 1st Reading(link is external)
-
Fri, 22 May 2015 Senate: Withdrawn From Com(link is external)
-
Fri, 22 May 2015 Senate: Re-ref Com On Insurance(link is external)
-
Wed, 3 Jun 2015 Senate: Reptd Fav(link is external)
-
Thu, 4 Jun 2015 Senate: Passed 2nd Reading(link is external)
-
Thu, 4 Jun 2015 Senate: Passed 3rd Reading(link is external)
-
Thu, 4 Jun 2015 Senate: Ordered Enrolled(link is external)
-
Mon, 8 Jun 2015 Ratified(link is external)
-
Tue, 9 Jun 2015 Pres. To Gov. 6/9/2015(link is external)
-
Fri, 19 Jun 2015 Signed by Gov. 6/19/2015(link is external)
-
Fri, 19 Jun 2015 Ch. SL 2015-101(link is external)
H 262/S.L. 2015-101
Bill Summaries:
-
Bill H 262 (2015-2016)Summary date: Jun 22 2015 - View Summary
-
Bill H 262 (2015-2016)Summary date: Apr 21 2015 - View Summary
House committee substitute makes the following changes to the 1st edition.
Amends GS 58-21-35(a) to allow a surplus lines licensee to file the required report with the appropriate stamping office, in addition to also filing information with the Commissioner.
Amends GS 58-21-40, making technical and conforming changes.
Amends GS 58-21-65(c) concerning licensing of surplus lines licensees, deleting a requirement that nonresident surplus lines licensees must be licensed under GS Chapter 58, Article 33, Licensing of Agents, Brokers, Limited Representatives and Adjusters. Makes conforming changes.
Makes conforming changes to the catch line of GS 58-21-70 to read Surplus lines licensees may accept business from other agents or brokers.
-
Bill H 262 (2015-2016)Summary date: Mar 17 2015 - View Summary
Modernizes the Surplus Lines Acts by amending GS 58-21-10(3), 58-21-40, 58-21-70, and 58-21-85 as the title indicates.
View: All Summaries for Bill