114 CSR 11E
H. B. 4231
(By Delegates Brown, D. Poling, Fleischauer, Talbott, Overington
and Sobonya)
[Introduced January 29, 2010; referred to Banking and Insurance
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 annuity disclosure.
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 twenty-fifth day of January,
two thousand ten, relating to the Insurance Commissioner (annuity
disclosure, 114 CSR 11E), is authorized.
NOTE: The purpose of this bill is to authorize the Insurance
Commissioner to promulgate a legislative rule relating to Annuity
Disclosure.
This section is new; therefore, strike-throughs and
underscoring have been omitted.