6746-S AMH MORI 43

SSB 6746 - H COMM AMD NOT ADOPTED 3-05-98

By Committee on Financial Institutions & Insurance

     On page 1, line 9, after Aprogram@ insert Amust have a certificate of authority, issued by the insurance commissioner, authorizing the person, firm, partnership, corporation, or association to sell that coverage in this state, or@

EFFECT: Clarifies that a holder of a certificate of authority does not have to purchase insurance from another company to cover trip interruption service, bail bond service, or any accident, sickness, or death insurance benefit program.