SB 907 - Engler, Kevin
Allows the Secretary of State to regulate the sale of variable annuities
Bill Details
Sponsor
LR Number
4386S.01I
Title
SB 907
House Handler
N/A
Journal Page
N/A
Effective Date
August 28, 2006
Current Status
Hearing Conducted S Financial & Governmental Organizations and Elections Committee
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
SB 907 - Under current law, the director of Insurance has the authority to regulate the issuance and sale of variable annuities. This act removes the director's authority to regulate the sale of such contracts and gives that authority to the Secretary of State.
This act is identical to HB 846 (2005).
CHRIS HOGERTY