SB 39 - AS AMENDED BY THE SENATE

5/9/01 1094s

2001 SESSION

01-0954

01/09

SENATE BILL 39

AN ACT establishing the position of market conduct chief administrator in the insurance department.

SPONSORS: Sen. Burns, Dist 1; Sen. Wheeler, Dist 21; Rep. L. Fraser, Merr 9; Rep. Francoeur, Rock 22

COMMITTEE: Insurance

AMENDED ANALYSIS

This bill establishes the position of market conduct chief administrator in the insurance department.

This bill is a request of the insurance department.

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Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

5/9/01 1094s

01-0954 01/09

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand One

AN ACT establishing the position of market conduct chief administrator in the insurance department.

Be it Enacted by the Senate and House of Representatives in General Court convened:

1 New Paragraph; Position Established. Amend RSA 400-A:6 by inserting after paragraph VII the following new paragraph:

VIII. There shall be a market conduct chief administrator, who shall be appointed by the commissioner, and who shall perform such duties and exercise such powers as the commissioner may authorize.

2 Effective Date. This act shall take effect 60 days after its passage.