Summary
Amendment can translate this bill from legal jargon into easy-to-understand language. Sign up to try it for free.
- Takes 30 seconds
- Free
- No credit card required
From the Legislature
As introduced, Bill 26-588 would amend the Captive Insurance Company Act of 2004 to update protected cell captive insurers’ requirements related to formation, capital, application, transacting business, taxes on premiums collected, and annual reports. The bill would also establish standard requirements for inactive captive insurance companies and create rulemaking authority.
Sponsors
D
1
0
Democratic CaucusRepublican Caucus