| SB 0995 | Modifies law with respect to insurance companies purchasing and conveying real estate |
| Sponsor: | Rohrbach | |||
| LR Number: | 3980L.01I | Fiscal Note: | 3980-01 | |
| Committee: | Insurance and Housing | |||
| Last Action: | 05/17/02 - S Consent Calendar (2/5) | Journal page: | ||
| Title: | ||||
| Effective Date: | August 28, 2002 | |||
SB 995 - This act modifies the law with regard to how
insurance companies can purchase and convey real estate. Under
this act, no insurance company's initial investment, together
with the costs of improvements located upon the real estate, may
exceed certain levels.
STEPHEN WITTE