WV HB2440 | 2017 | Regular Session

Status

Spectrum: Slight Partisan Bill (Republican 4-2)
Status: Introduced on February 14 2017 - 25% progression, died in committee
Action: 2017-02-14 - To House Banking and Insurance
Pending: House Banking & Insurance Committee
Text: Latest bill text (Introduced) [HTML]

Summary

The purpose of this bill is to specify requirements for offering guaranteed asset protection waivers. The bill requires contractual liability or other insurance policies; provides for disclosures and cancellation; exempts commercial transactions; excludes waivers from consumers sales and service tax; and species effective date of section. The bill also provides that this section applies to guaranteed asset protection waivers issued on and after the effective date of this section.

Tracking Information

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Title

Relating generally to guaranteed asset protection waivers

Sponsors


History

DateChamberAction
2017-02-14HouseTo House Banking and Insurance
2017-02-14HouseIntroduced in House
2017-02-14HouseTo Banking and Insurance then Judiciary
2017-02-14HouseFiled for introduction

Same As/Similar To

HB2126 (Similar To) 2017-02-08 - To House Banking and Insurance

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
33422New CodeSee Bill Text

West Virginia State Sources


Bill Comments

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