SB 337 - Wieland, Paul
Allows insurers to depreciate the value of insured property by the cost expended to repair it
Bill Details
Sponsor
LR Number
1464S.01I
Title
SB 337
House Handler
N/A
Journal Page
Effective Date
August 28, 2017
Committee
Current Status
Second Read and Referred S Insurance and Banking Committee
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
SB 337 - This act provides that insurance policies may allow for a depreciation in subsequent value of insured property based on the amount of money paid under the policy to replace, repair, or rebuild it.
ERIC VANDER WEERD