A 8712 New York Assembly · 2021 Regular Session

Authorizes the return of any operating reserve balances of members of a municipal insurance reciprocal

Summary
Authorizes the return of any operating reserve balances of members of a municipal insurance reciprocal upon the municipal reciprocal insurer's demonstration that it will retain sufficient surplus to support its obligations and writings.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2022
Committee Review
Floor Vote
Governor
Introduced Jan 11, 2022 Last action Feb 28, 2022
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Full legislative history

Actions timeline

Total actions
4
Key actions
0
Committee
1
Jan 11, 2022
Committee
REFERRED TO INSURANCE
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of John McDonald
John McDonald
DDemocratic
NY
108