Introduced
by
To require the board of directors of Michigan-based insurance companies to meet at least four times each year, in person or by electronic (or phone) conference, and require board members to take an oath to diligently and honestly perform the duties, and to not knowingly violate any insurance laws or regulations.
Referred to the Committee on Insurance
Reported without amendment
With the recommendation that the substitute (H-1) be adopted and that the bill then pass.
Substitute offered
To replace the previous version of the bill with one that revises details but does not change the substance of the bill as previously described.
The substitute passed by voice vote
Passed in the House 101 to 5 (details)
Referred to the Committee of the Whole
Passed in the Senate 37 to 0 (details)
To require the board of directors of Michigan-based insurance companies to meet at least four times each year, in person or by electronic (or phone) conference, and require board members to take an oath to diligently and honestly perform the duties, and to not knowingly violate any insurance laws or regulations.
