SB88 H B&I AMT 2-28

    The Committee on Banking and Insurance moves to amend the title of the bill to read as follows:

“A BILL to amend and reenact §33-22-2 of the Code of West Virginia,

1931, as amended, and to amend and reenact §38-10E-1 of said code, all relating to farmers' mutual fire insurance companies; removing outdated language; clarifying obligations and liability of farmers’ mutual fire insurance companies; imposing limited lien on proceeds under policies issued by farmers’ mutual fire insurance companies; providing for notice of a total loss determination; and providing for perfection of statutory lien and release under certain conditions.”