2740-S AMH BENS TELL 060

SHB 2740 - H AMD

By Representative Benson

On page 2, line 30, after "((shall approve by July 1, 1986,))" strike "must" and insert "may"

On page 2, line 31, after "board" strike "by July 1, 2004"

On page 2, line 35, after "board" strike "must" and insert "may"

On page 3, line 4, after "(3)" strike all material through "2005." and insert "Before the board may establish an association, the commissioner must make a determination that there are no insurers, including non-admitted insurers, writing liability insurance for licensees in this state at any price or premium level."

EFFECT:

•Makes it optional for the Commissioner to approve a plan for a joint underwriting association.

•Requires the Commissioner to determine that there are no insurers writing liability insurance for licensees before an association can be established.