California Assembly Bill AB2558 Latest Draft

 BILL NUMBER: AB 2558INTRODUCED BILL TEXT INTRODUCED BY Assembly Member Hagman FEBRUARY 24, 2012 An act to amend Section 121 of the Insurance Code, relating to insurance. LEGISLATIVE COUNSEL'S DIGEST AB 2558, as introduced, Hagman. Insurance: classes. Existing law enumerates kinds and classes of insurance, as specified. The fact that similar kinds of insurance occur in different classes does not extend or change the scope of any class. This bill would make technical, nonsubstantive changes to these provisions. Vote: majority. Appropriation: no. Fiscal committee: no. State-mandated local program: no. THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS: SECTION 1. Section 121 of the Insurance Code is amended to read: 121. Except as otherwise stated, the enumeration in this chapter of the kinds of insurance in a particular class does not limit  any such kind   those kinds of insurance  to  any one of such   that  particular  classes   class  , inasmuch as the classification of similar insurance may vary with the subject matter, risk, and connected insurances  ; but the   . The  fact that similar kinds of insurance occur in different classes does not extend or change the scope of  any such   a  class.