GA HB754 | 2017-2018 | Regular Session

Status

Sponsorship: Moderate Partisan Bill (Republican 5-1)
Status: Vetoed on May 8 2018 - 100% progression
Action: 2018-05-08 - Veto V10
Text: Latest bill text (Enrolled) [PDF]

Summary

A BILL to be entitled an Act to amend Title 33 of the O.C.G.A., relating to insurance, so as to provide for the division of a domestic insurer into two or more resulting domestic insurers; to provide for definitions; to provide for a plan of division subject to approval by the Insurance Commissioner; to provide for a certificate of division; to provide for the effect of a division; to provide for the responsibilities of a resulting insurer; to provide for shareholder appraisal rights; to provide for rules and regulations; to revise the authorization and procedure for merger or consolidation; to amend Part 1 of Article 13 of Chapter 2 of Title 14 of the O.C.G.A., relating to the right to dissent and obtain payment for shares, so as to add the right to dissent and obtain payment for shares for a division of a domestic insurer; to provide for related matters; to repeal conflicting laws; and for other purposes.

Tracking Information

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Title

Insurance; division of a domestic insurer into two or more resulting domestic insurers; provisions

Sponsors


Roll Calls

2018-03-15 - Senate - Senate Vote #617 (Y: 50 N: 0 NV: 3 Abs: 2) [PASS]
2018-02-28 - House - House Vote #598 (Y: 173 N: 0 NV: 6 Abs: 1) [PASS]

History

DateChamberAction
2018-05-08 Veto V10
2018-05-08HouseHouse Date Signed by Governor
2018-04-03HouseHouse Sent to Governor
2018-03-15SenateSenate Passed/Adopted
2018-03-15SenateSenate Third Read
2018-03-12SenateSenate Read Second Time
2018-03-09SenateSenate Committee Favorably Reported
2018-03-01SenateSenate Read and Referred
2018-02-28HouseHouse Passed/Adopted By Substitute
2018-02-28HouseHouse Third Readers
2018-02-21HouseHouse Committee Favorably Reported By Substitute
2018-01-30HouseHouse Second Readers
2018-01-29HouseHouse First Readers
2018-01-25HouseHouse Hopper

Georgia State Sources


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