114 CSR 89
H. B. 4107


(By Delegates Brown, D. Poling, Miley,

Talbott, Overington and Sobonya)

[Introduced January 19, 2010; referred to the

Committee on Senior Citizen Issues then the Judiciary.]




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 use of senior-specific certifications and professional designations in the sale of life insurance and annuities.

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 seventeenth day of July, two thousand nine, 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 twelfth day of December, two thousand nine, relating to the Insurance Commissioner (use of senior-specific certifications and professional designations in the sale of life insurance and annuities, 114 CSR 89), is authorized.

NOTE: The purpose of this bill is to authorize the Insurance Commissioner to promulgate a legislative rule relating to the Use of Senior-specific Certifications and Professional Designations in the sale of life insurance and annuities.

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