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HB 19-1043

signed

Life Care Institutions Post Surety Bond As Reserve

Summary

Life care institutions - reserve requirement - surety bond option. Current law requires life care institutions to maintain reserves through 1 or more of several options that all require liquidity. The act allows a surety bond as a type of allowable reserve.(Note: This summary applies to this bill as enacted.) Read More

Details

Chamber
House
First action
2019-01-04
Latest action
2019-03-28
Last action desc.
Governor Signed
OpenStates
View source ↗

Sponsors

Related Legislation

This bill affects (1)

amends
SB 17-226(2017A)· signed
Relocate Title 12 Regulation Of Financial Institutions

Affected by (1)

relates
HB 25-1184(2025A)· signed
Community-Based Continuing Care for Seniors

Votes

BILL
2019-03-15 · Senate · passYes: 60 · No: 1 · Other:
BILL
2019-03-15 · Senate · passYes: 35 · No: 0 · Other: