SB 1424: Insurance.
- Session Year: 2015-2016
- House: Senate
- Latest Version Date: 2016-03-28
Existing law creates the Department of Insurance, headed by the Insurance Commissioner, and prescribes the departments powers and duties. Existing law prohibits the department from prohibiting an insurer from inspecting a motor vehicle prior to issuing collision or comprehensive coverage for the vehicle. Existing law also requires an insurer conducting these inspections to inspect every motor vehicle for which coverage is requested except new motor vehicles and motor vehicles previously insured. Existing law requires the inspection to be done by the insurer or its agent, and to be performed not more than 20 miles from the address where the vehicle is insured.
This bill would allow the above inspection to be performed not more than 25 miles from the address where the vehicle is insured.
Existing law, the General Corporation Law, authorizes a corporation to issue one or more classes or series of shares with full, limited, or no voting rights and with such other rights, preferences, privileges and restrictions as are stated or authorized in articles of incorporation of that corporation. Existing law generally provides that each outstanding share is entitled to one vote on each matter submitted to a vote of shareholders.
This bill would make nonsubstantive changes to this provision.
Discussed in Hearing
18MIN