DIGEST
The digest printed below was prepared by House Legislative Services. It constitutes no part of the
legislative instrument. The keyword, one-liner, abstract, and digest do not constitute part of the law
or proof or indicia of legislative intent. [R.S. 1:13(B) and 24:177(E)]
HB 271 Engrossed 2019 Regular Session Anders
Abstract: Reduces the number of copies of the agreement and certificate of merger sent to the
commissioner of insurance following the merger or consolidation of foreign or alien insurers.
Present law provides that whenever a foreign or alien insurer shall be the surviving insurer of a
statutory merger, it shall file two copies of the agreement and certificate of merger duly authenticated
with the commissioner of insurance who shall file one with the secretary of state.
Proposed law changes two copies to one copy of the agreement and certificate of merger duly
authenticated to only be retained by the commissioner of insurance.
Effective Jan. 1, 2020.
(Amends R.S. 22:340(A)(intro. para.) and (1))