114 CSR 2



Senate Bill No. 415

(By Senators Minard, Fanning, Prezioso,

Unger, Boley and Facemyer)

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[Introduced January 25, 2008; referred to the

Committee on Banking and Insurance;

and then to the Committee on the Judiciary.]

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A BILL to amend and reenact article 7, chapter 64 of the Code of West Virginia, 1931, as amended, relating to authorizing the Insurance Commissioner to promulgate a legislative rule relating to the licensing and conduct of insurance producers, agencies and solicitors.

Be it enacted by the Legislature of West Virginia:

That article 7, chapter 64 of the Code of West Virginia, 1931,
as amended, be amended and reenacted to read as follows:
ARTICLE 7. AUTHORIZATION FOR DEPARTMENT OF TAX AND REVENUE TO PROMULGATE LEGISLATIVE RULES.

§64-7-1. Insurance Commissioner.

The legislative rule filed in the state register on the twenty-seventh day of July, two thousand seven, authorized under the authority of section ten, article two, chapter thirty-three, of this code, relating to the Insurance Commissioner (licensing and conduct of insurance producers, agencies and solicitors, 114 CSR 2), is authorized.


NOTE: The purpose of this bill is to authorize the Insurance Commissioner to promulgate a legislative rule relating to the Licensing and Conduct of Insurance Producers, Agencies and Solicitors.

This section is new; therefore, strike-throughs and underscoring have been omitted.