SB 0862 Modifies amount of bond broker must maintain in order to obtain surplus lines license
Sponsor:Jacob
LR Number:3947S.01I Fiscal Note:3947-01
Committee:Insurance and Housing
Last Action:01/31/00 - Referred S Insurance & Housing Committee Journal page:S158
Title:
Effective Date:August 28, 2000
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Current Bill Summary

SB 862 - This act allows the Director of Insurance to issue a surplus lines license to a broker who maintains a bond in the amount of $10,000 or in an amount equal to the tax liability of the previous year, which is greater.
STEPHEN WITTE