HOUSE OF REPRESENTATIVES

H.B. NO.

1624

TWENTY-NINTH LEGISLATURE, 2018

 

STATE OF HAWAII

 

 

 

 

 

 

A BILL FOR AN ACT

 

 

relating to insurance.

 

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

 


     SECTION 1. Act 152, Session Laws of Hawaii 2017, is amended by amending section 12 to read as follows:

     "SECTION 12.  This Act shall take effect on July 1, 2017; provided that sections 7, 8, and 9 shall take effect on [January 1, 2019.] July 1, 2021."

     SECTION 2.  Statutory material to be repealed is bracketed and stricken.  New statutory material is underscored.

     SECTION 3.  This Act shall take effect upon its approval.

 

INTRODUCED BY:

_____________________________

 

 


 


 

Report Title:

Insurance Producers

 

Description:

Postpones the effective date of certain provisions of Act 152, SLH 2017, that conform Hawaii's insurance producer licensing requirements to national model standards by eliminating the ability of insurance producers to appoint other producers to act as an agent of an insurer.  Postpones operation of those provisions from 1/1/2019 to 7/1/2021.

 

 

 

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