114 CSR 36

Senate Bill No. 293

(By Senators Minard, Snyder , Prezioso, Boley and K. Facemyer)

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[Introduced January 21, 2010; 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 West Virginia Life and Health Insurance Guaranty Association Act notice requirements.

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 thirty-first day of July, two thousand nine, authorized under the authority of section ten, article two, chapter thirty-three, of this code, relating to the Insurance Commissioner (West Virginia
Life and Health Insurance Guaranty Association Act notice requirements, 114 CSR 36), is authorized.

NOTE: The purpose of this bill is to authorize the Insurance Commissioner to promulgate a legislative rule relating to the West Virginia Life and Health Insurance Guaranty Association Act notice requirements.

This section is new; therefore, strike-throughs and underscoring have been omitted.