Bill Summary for S 702 (2011-2012)

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Summary date: 

Jun 7 2011

Bill Information:

View NCGA Bill Details2011-2012 Session
Senate Bill 702 (Public) Filed Tuesday, April 19, 2011
TO ALLOW THE STATE TREASURER TO PURCHASE LIABILITY INSURANCE.
Intro. by Meredith.

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Bill 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.