114 CSR 41
Senate Bill No. 360
(By Senators Minard, Fanning, Prezioso,
Unger, Boley and K. Facemyer)
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[Introduced February 25, 2009; 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 actuarial opinion and memorandum.
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-ninth day of August, two thousand eight, authorized under
the authority of section ten, article two, chapter thirty-three, of this code, modified by the Insurance Commissioner to meet the
objections of the legislative rule-making review committee and
refiled in the state register on the twentieth day of February, two
thousand nine, relating to the Insurance Commissioner (actuarial
opinion and memorandum, 114 CSR 41), is authorized.
NOTE: The purpose of this bill is to authorize the Insurance
Commissioner to promulgate a legislative rule relating to Actuarial
Opinion and Memorandum.
This section is new; therefore, strike-throughs and
underscoring have been omitted.