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SB 362 IN

Risk management and catastrophic liability funds.

IN · session 2022 · Senate · bill

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Introduced Jan 11, 2022

Latest action (Jan 11, 2022) First reading: referred to Committee on Insurance and Financial Institutions

Summary

Permits the commissioner of the department of insurance to cease operation of the political subdivision risk management fund and the political subdivision catastrophic liability fund upon a determination by the commissioner that: (1) all members have withdrawn from the fund; and (2) all payment of liabilities of former members of the fund have been determined and finalized. Removes a requirement that notice of a claim against a political subdivision be provided to the political subdivision risk management commission.

Sponsors (2)

Action history (2)
  1. Jan 11, 2022 Authored by Senators Charbonneau and Pol · upper
  2. Jan 11, 2022 First reading: referred to Committee on Insurance and Financial Institutions · upper
Subjects
LOCAL GOVERNMENTPUBLIC FUNDS

Text versions (1)

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

  • Introduced Senate Bill (S) · Jan 10, 2022 · PDF

Full text

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