Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Sep 13, 2017 |
signed chap.309 |
Sep 01, 2017 |
delivered to governor |
Jun 07, 2017 |
returned to senate passed assembly ordered to third reading cal.553 substituted for a7531a |
May 08, 2017 |
referred to insurance delivered to assembly passed senate |
May 01, 2017 |
amended on third reading 2095a |
Mar 22, 2017 |
advanced to third reading |
Mar 21, 2017 |
2nd report cal. |
Mar 20, 2017 |
1st report cal.432 |
Jan 12, 2017 |
referred to insurance |
Senate Bill S2095
Signed By Governor2017-2018 Legislative Session
Sponsored By
(R, C, IP, RFM) Senate District
Archive: Last Bill Status - Signed by Governor
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
Votes
Bill Amendments
2017-S2095 - Details
- See Assembly Version of this Bill:
- A7531
- Law Section:
- Insurance Law
- Laws Affected:
- Amd §4210, Ins L
2017-S2095 - Sponsor Memo
BILL NUMBER: S2095 TITLE OF BILL : An act to amend the insurance law, in relation to election of directors of domestic mutual life insurance companies PURPOSE : To provide alternative methods of voting and delivery of election materials for domestic mutual life insurance company policyholders. SUMMARY OF PROVISIONS : Section 1 of the bill would amend section 4210 of the Insurance Law to permit domestic mutual life insurance companies, upon the approval of the superintendent, to offer policyholders alternative methods of voting and delivery of election materials in uncontested elections. Section 2 is the effective date. JUSTIFICATION : This proposal would authorize a domestic mutual life insurance company to offer policyholders alternate methods for voting in an uncontested board election and receiving all materials related thereto, including
2017-S2095 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 2095 2017-2018 Regular Sessions I N S E N A T E January 12, 2017 ___________ Introduced by Sen. SEWARD -- read twice and ordered printed, and when printed to be committed to the Committee on Insurance AN ACT to amend the insurance law, in relation to election of directors of domestic mutual life insurance companies THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 4210 of the insurance law is amended by adding a new subsection (n) to read as follows: (N) IN ADDITION TO THE PROCEDURES DESCRIBED IN THIS SECTION, A DOMES- TIC MUTUAL LIFE INSURANCE COMPANY MAY, UPON APPROVAL OF THE SUPERINTEN- DENT, OFFER POLICYHOLDERS ALTERNATE METHODS OF VOTING IN AN UNCONTESTED ELECTION AND RECEIVING MATERIALS RELATED THERETO, INCLUDING VIA ELEC- TRONIC MEANS. THE SUPERINTENDENT MAY APPROVE SUCH METHODS IF HE OR SHE FINDS THAT THEY ARE CONSISTENT WITH THE REQUIREMENTS OF LAW AND EQUITA- BLE AND REASONABLE FOR THE COMPANY'S POLICYHOLDERS. § 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD06790-01-7
co-Sponsors
(D) 15th Senate District
2017-S2095A (ACTIVE) - Details
- See Assembly Version of this Bill:
- A7531
- Law Section:
- Insurance Law
- Laws Affected:
- Amd §4210, Ins L
2017-S2095A (ACTIVE) - Sponsor Memo
BILL NUMBER: S2095A TITLE OF BILL : An act to amend the insurance law, in relation to election of directors of domestic mutual life insurance companies PURPOSE : To provide alternative methods of voting and delivery of election materials for domestic mutual life insurance company policyholders. SUMMARY OF PROVISIONS : Section 1 of the bill would amend section 4210 of the Insurance Law to permit domestic mutual life insurance companies, upon the approval of the superintendent, to offer policyholders alternative methods of voting and delivery of election materials in uncontested elections. Section 2 is the effective date. JUSTIFICATION : This proposal would authorize a domestic mutual life insurance company to offer policyholders alternate methods for voting in an uncontested board election and receiving all materials related thereto, including
2017-S2095A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 2095--A Cal. No. 432 2017-2018 Regular Sessions I N S E N A T E January 12, 2017 ___________ Introduced by Sen. SEWARD -- read twice and ordered printed, and when printed to be committed to the Committee on Insurance -- reported favorably from said committee, ordered to first and second report, ordered to a third reading, amended and ordered reprinted, retaining its place in the order of third reading AN ACT to amend the insurance law, in relation to election of directors of domestic mutual life insurance companies THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 4210 of the insurance law is amended by adding a new subsection (n) to read as follows: (N) IN ADDITION TO THE PROCEDURES DESCRIBED IN THIS SECTION, A DOMES- TIC MUTUAL LIFE INSURANCE COMPANY MAY, UPON APPROVAL OF THE SUPERINTEN- DENT, OFFER POLICYHOLDERS ALTERNATE METHODS OF VOTING IN AN UNCONTESTED ELECTION AND RECEIVING MATERIALS RELATED THERETO, INCLUDING VIA ELEC- TRONIC MEANS. THE SUPERINTENDENT MAY APPROVE SUCH METHODS IF HE OR SHE FINDS THAT THEY ARE CONSISTENT WITH THE REQUIREMENTS OF LAW AND EQUITA- BLE AND REASONABLE FOR THE COMPANY'S POLICYHOLDERS. THE SUPERINTENDENT MAY ISSUE SUCH RULES AND REGULATIONS AS HE OR SHE DEEMS NECESSARY TO IMPLEMENT THE PROVISIONS OF THIS SUBSECTION. § 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD06790-02-7
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