Bill Summary for H 16 (2015-2016)

Summary date: 

Jan 28 2015

Bill Information:

View NCGA Bill Details2015-2016 Session
House Bill 16 (Public) Filed Wednesday, January 28, 2015
AN ACT TO REPEAL OUTDATED AND UNNECESSARY INSURANCE REPORTING REQUIREMENTS, AS RECOMMENDED BY THE DEPARTMENT OF INSURANCE.
Intro. by Pendleton.

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Bill summary

As the title indicates.

Repeals the following General Statutes: 58-2-170, 58-3-191(a) and(b1), 58-67-140(a)(7), 58-36-3(c), 58-40-130(e), and 58-50-95 concerning specified insurance reports.

Amends GS 58-2-165(b) to provide that the Commissioner of Insurance (Commissioner) may require statements under thisstatute (was, alsounder GS 58-2-170) and GS 58-2-190 to be filed in a format that can be read by electronic data processing equipment within specified limitations.

Applies to reports otherwise required to be filed on or after July 1, 2015.

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