Louisiana 2014 2014 Regular Session

Louisiana Senate Bill SB563 Comm Sub / Analysis

                    The original instrument and the following digest, which constitutes no part of the
legislative instrument, were prepared by Cheryl Horne.
DIGEST
Morrell (SB 563)
Present law allows the right to vote by any policyholder to be conferred upon any other
policyholder by a written proxy.
Proposed law retains present law and permits the policyholder to confer the right to vote upon the
board of directors of the insurer by a written proxy.
Effective August 1, 2014.
(Amends R.S. 22:119(B))