HB 0034 | Allows political subdivisions to join together to purchase insurance for elderly or low-income housing |
HB 34 - This act authorizes any 3 or more political subdivisions to join together to provide, in addition to all other types of insurance, insurance for elderly or low-income housing in which they have an insurable interest.
This bill is similar to truly agreed to SB 28 (1999).
STEPHEN WITTE
SCA 1 - PERMITS ASSOCIATION FORMED TO INSURE POLITICAL SUBDIVISIONS FOR TORT CLAIMS TO ISSUE DIVIDENDS SO LONG AS THE ASSOCIATION HAS A POSITIVE SURPLUS BOTH BEFORE AND AFTER THE DIVIDEND IS DECLARED.