HB 19-1043
signedLife 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
- Rochelle Galindo (primary) · Democratic
- Jessie Danielson (primary) · Democratic
Related Legislation
This bill affects (1)
amends
Affected by (1)
relates
Votes
BILL
2019-03-15 · Senate · pass — Yes: 60 · No: 1 · Other: —
BILL
2019-03-15 · Senate · pass — Yes: 35 · No: 0 · Other: —