SB 5121 -
By Committee on Financial Institutions, Housing & Insurance
NOT CONSIDERED 05/25/2011
On page 11, line 32, after "government securities" insert "and subsidiaries"
EFFECT: Corrects the inadvertent omission of the phrase "and subsidiaries." This omission would have unintentionally placed a percentage limit on the amount of admitted assets an insurer could invest in U.S. government subsidiaries.