William R. Haine
- Democratic
Primary
Amends the Business Corporation Act of 1983. Provides that upon a corporate dissolution any policy of liability insurance covering acts and omissions of the dissolved corporation committed during the corporation's existence shall be held in trust for the benefit of any injured party. Provides that any policy shall be held in trust for as long as there is unexhausted coverage applicable to acts or omissions of the corporation. Modifies the time within which an action may be brought when unexhausted liability coverage is in effect. Effective immediately.
Session Sine Die
Referred to Rules Committee
First Reading
Chief House Sponsor Rep. Arthur Turner
Arrived in House
Third Reading - Passed; 041-012-000
Placed on Calendar Order of 3rd Reading April 8, 2014
Second Reading
Do Pass as Amended Insurance; 008-004-000
Placed on Calendar Order of 2nd Reading April 1, 2014
Senate Committee Amendment No. 1 Adopted
Senate Committee Amendment No. 1 Assignments Refers to Insurance
Senate Committee Amendment No. 1 Referred to Assignments
Senate Committee Amendment No. 1 Filed with Secretary by Sen. William R. Haine
Postponed - Insurance
Assigned to Insurance
Filed with Secretary by Sen. William R. Haine
Referred to Assignments
First Reading
| Bill Text Versions | Format |
|---|---|
| Introduced | HTML |
| Engrossed | HTML |
| Document | Format |
|---|---|
| Senate Amendment 001 |
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