HB 1597 Amends the bonding requirements for surplus line insurance brokers' licenses
Current Bill Summary
- Prepared by Senate Research -

HB 1597 - This act amends the bonding amount required for insurance brokers selling surplus lines insurance so as to be the greater of $10,000 or an amount equal to the broker's tax liability for the previous tax year. Currently, a bond of $10,000 is required.
STEPHEN WITTE

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