ENROLLED

Senate Bill No. 402

(By Senators Ross, Minard, Snyder, Unger, Boley and Minear )

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[Passed March 13, 2004; in effect ninety days from passage.]

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AN ACT to amend and reenact §29-12-14 of the code of West Virginia, 1931, as amended, relating to the authority of the board of risk and insurance management to promulgate legislative rules setting minimum contract terms for entities participating in insurance programs and mandatory waiting periods for reentry into insurance programs for entities which have terminated coverage through the board .

Be it enacted by the Legislature of West Virginia:
That §29-12-14 of the code of West Virginia, 1931, as amended, be amended and reenacted to read as follows:
ARTICLE 12. STATE INSURANCE.
§ 29-12-14. Promulgation of rules.
The board of risk and insurance management is authorized to propose rules for legislative approval, pursuant to the provisions of article three, chapter twenty-nine-a of this code, setting minimum contract terms for entities participating in insurance programs and mandatory waiting periods for reentry into insurance programs for entities which have terminated coverage through the board.