summary
Introduced
01/22/2019
01/22/2019
In Committee
01/22/2019
01/22/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
191st General Court
Bill Summary
Relative to mutual company dividends. Financial Services.
AI Summary
This bill amends the existing law by striking out Section 6 from Section 9 of Chapter 330 of the Statutes of 1994, which was previously amended by Section 3 of Chapter 63 of the Statutes of 1995. The bill relates to mutual company dividends, which are payments made by mutual insurance companies to their policyholders. The changes made by this bill are not explicitly stated, but the removal of Section 6 suggests a modification to the regulations or requirements surrounding these dividend payments.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Accompanied a study order, see H5160 (on 12/01/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/191/H1010 |
| Bill | https://malegislature.gov/Bills/191/H1010.pdf |
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