Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jul 01, 2021 |
signed chap.192 |
Jun 24, 2021 |
delivered to governor |
May 25, 2021 |
returned to assembly passed senate 3rd reading cal.1163 substituted for s5761 |
May 25, 2021 |
substituted by a3994 |
May 24, 2021 |
advanced to third reading |
May 20, 2021 |
2nd report cal. |
May 18, 2021 |
1st report cal.1163 |
Mar 18, 2021 |
referred to insurance |
Senate Bill S5761
Signed By Governor2021-2022 Legislative Session
Sponsored By
(D, WF) 46th Senate District
Archive: Last Bill Status Via A3994 - 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
2021-S5761 (ACTIVE) - Details
2021-S5761 (ACTIVE) - Sponsor Memo
BILL NUMBER: S5761 SPONSOR: BRESLIN TITLE OF BILL: An act to amend the insurance law, in relation to removing the bonding requirement for independent adjusters PURPOSE OR GENERAL IDEA OF BILL: To modernize the insurance law to remove an anachronistic provision relating to a mandate upon independent adjusters SUMMARY OF PROVISIONS: Section one of the bill removes independent adjusters from the require- ment that a bond be procured by a licensee and filed with the super- intendent of financial services. Section two provides for an immediate effective date.
2021-S5761 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 5761 2021-2022 Regular Sessions I N S E N A T E March 18, 2021 ___________ Introduced by Sen. BRESLIN -- 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 removing the bonding requirement for independent adjusters THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Paragraph 1 of subsection (l) of section 2108 of the insur- ance law is amended to read as follows: (1) No adjuster's license or renewal license, OTHER THAN AN INDEPEND- ENT ADJUSTER'S LICENSE, shall be issued to any applicant unless there shall be on file with the superintendent OF FINANCIAL SERVICES a bond, executed by such [the] applicant and by approved sureties, in the penal sum of one thousand dollars conditioned on the faithful performance by such licensee and by all sub-licensees named in such license, of their duties as such adjusters. § 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD01931-01-1
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