SB 47, 50th R.S.
Relating to amending a previous Act, by authorizing certain life insurance companies to invest not to exceed ten (10%) per cent, of the company's capital, surplus and contingency funds in not more than twenty (20%) per cent of the capital stock of any other insurance company, whose principal business is the reinsurance, either partially or wholly, of risks ceded to it by other life insurance companies; providing a saving clause.
Please note: Enrolled (final) version of bill missing from original bill file.
The Legislative Archive System is a work in progress. Complete information is not available for all bills and all sessions. Visit the Legislative Archive System status page for details. Please contact the Legislative Reference Library at 512-463-1252 if you have any questions.
Information on this website is provided as a public service by the Legislative Reference Library. The Legislative Reference Library makes no representation as to its completeness or accuracy and makes no warranty in regard to its use. Users assume all risk of reliance on the information included on this site.