114 CSR 2
Senate Bill No. 355
(By Senators Minard, Fanning, Prezioso,
Unger, Boley and Minear)
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[Introduced January 27, 2006; referred to the
Committee on Banking and Insurance
;
and then to the Committee on the Judiciary.]
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A BILL to amend and reenact article 7, chapter 64 of the Code of
West Virginia, 1931, as amended, relating to authorizing the
Insurance Commissioner to promulgate a legislative rule
relating to the licensing and conduct of individual insurance
producers, agencies and solicitors.
Be it enacted by the Legislature of West Virginia:
That article 7, chapter 64 of the Code of West Virginia, 1931,
as amended, be amended and reenacted to read as follows:
ARTICLE 7. AUTHORIZATION FOR DEPARTMENT OF TAX AND REVENUE TO
PROMULGATE LEGISLATIVE RULES.
§64-7-1. Insurance Commissioner.
The legislative rule filed in the state register on the
twenty-ninth day of July, two thousand five, authorized under the
authority of section ten, article two, chapter thirty-three, of
this code, modified by the Insurance Commissioner to meet the objections of the legislative rule-making review committee and
refiled in the state register on the twentieth day of January, two
thousand six, relating to the Insurance Commissioner (licensing and
conduct of individual insurance producers, agencies and solicitors,
114 CSR 2), is authorized.
NOTE: The purpose of this bill is to authorize the Insurance
Commissioner to promulgate a legislative rule relating to the
Licensing and Conduct of Individual Insurance Producers, Agencies
and Solicitors.
This section is new; therefore, strike-throughs and
underscoring have been omitted.