HB 1252-FN - FINAL VERSION
HOUSE BILL 1252-FN
AN ACT relative to certificates of insurance.
SPONSORS: Rep. Gagne, Hills. 13
COMMITTEE: Commerce and Consumer Affairs
This bill declares that with the permission of a policy holder, an insurance producer may provide certain documentation to a bank or lending institution regarding financing of certain property.
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Explanation: Matter added to current law appears in bold italics.
Matter removed from current law appears [in brackets and struckthrough.]
Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
04/05/2018 1150s 18-2268
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Eighteen
Be it Enacted by the Senate and House of Representatives in General Court convened:
24:1 New Subparagraph; Regulation of Forms and Rates for Property and Casualty Insurance; Certificates of Insurance. Amend RSA 412:6-b, II by inserting after subparagraph (e) the following new subparagraph:
(f) With the permission of the policy holder, an insurance producer may provide any bank or lending institution with a copy of the certificate of insurance, policy of insurance, or insurance binder relating to the subject property. If the insurance producer provides a copy of the insurance, policy of insurance, or insurance binder, an insurance producer may complete supplemental questionnaires for a bank or lending institution, provided that the insurance producer shall not be required to analyze or warrant any provisions of the insurance policy.
Approved: May 15, 2018
Effective Date: July 14, 2018
|Jan. 23, 2018||House||Hearing|
|Jan. 31, 2018||House||Exec Session|
|Feb. 22, 2018||House||Floor Vote|
|March 20, 2018||Senate||Hearing|
|April 5, 2018||Senate||Floor Vote|
|Jan. 3, 2018||Introduced 01/03/2018 and referred to Commerce and Consumer Affairs HJ 1 P. 4|
|Jan. 23, 2018||Public Hearing: 01/23/2018 01:15 PM LOB 302|
|Jan. 31, 2018||Subcommittee Work Session: 01/31/2018 09:00 AM LOB 302|
|Jan. 31, 2018||Executive Session: 01/31/2018 LOB 302|
|Committee Report: Ought to Pass (Vote 19-0; CC)|
|Feb. 22, 2018||Committee Report: Ought to Pass for 02/22/2018 (Vote 19-0; CC) HC 7 P. 4|
|Feb. 22, 2018||Ought to Pass: MA VV 02/22/2018 HJ 5 P. 3|
|March 8, 2018||Introduced 03/08/2018 and Referred to Commerce; SJ 7|
|March 13, 2018||Introduced 03/13/2018 and Referred to Commerce; SJ 7|
|March 20, 2018||Hearing: 03/20/2018, Room 100, SH, 01:00 pm; SC 13|
|April 5, 2018||Committee Report: Ought to Pass with Amendment # 2018-1150s, 04/05/2018; SC 15|
|April 5, 2018||Committee Amendment # 2018-1150s, AA, VV; 04/05/2018; SJ 11|
|April 5, 2018||Ought to Pass with Amendment 2018-1150s, MA, VV; OT3rdg; 04/05/2018; SJ 11|
|April 12, 2018||House Concurs with Senate Amendment 1150s (Rep. Hunt): MA VV 04/12/2018 HJ 12 P. 1|
|April 26, 2018||Enrolled (In recess 04/26/2018); SJ 15|
|April 26, 2018||Enrolled 04/26/2018|
|May 15, 2018||Signed by Governor Sununu 05/15/2018; Chapter 24; Eff. 7/14/2018|