SB 402 (1992): allowing mutual insurers to convert into stock insurance companies, regulating business transacted with producer controlled property/casualty insurance, and making other changes in the insurance laws.

Cite this page

Granite Record indexes the General Court’s record; it is not that record. Where a citation allows only one source, cite the General Court — every page here links to what it is drawn from. The date below is the day the page was read.

MLA
“SB 402 (1992): allowing mutual insurers to convert into stock insurance companies, regulating business transacted with producer controlled property/casualty insurance, and making other changes in the insurance laws.” Granite Record, https://graniterecord.org/bill/1992/sb402. Accessed 24 Oct. 2026.
APA
Granite Record. (n.d.). SB 402 (1992): allowing mutual insurers to convert into stock insurance companies, regulating business transacted with producer controlled property/casualty insurance, and making other changes in the insurance laws. Retrieved 24 Oct. 2026, from https://graniterecord.org/bill/1992/sb402
Chicago
Granite Record. “SB 402 (1992): allowing mutual insurers to convert into stock insurance companies, regulating business transacted with producer controlled property/casualty insurance, and making other changes in the insurance laws.” Accessed 24 Oct. 2026. https://graniterecord.org/bill/1992/sb402.
BibTeX
@misc{bill-1992-sb402, title = {SB 402 (1992): allowing mutual insurers to convert into stock insurance companies, regulating business transacted with producer controlled property/casualty insurance, and making other changes in the insurance laws.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/1992/sb402}, note = {Accessed 24 Oct. 2026} }

SB 402 (1992)

allowing mutual insurers to convert into stock insurance companies, regulating business transacted with producer controlled property/casualty insurance, and making other changes in the insurance laws.

  • Status: Killed
  • Term: 1991-1992
  • Senate committee: Insurance
  • Subject: Insurance

The Story

It was introduced on January 8, 1992 and referred to the Senate Insurance committee. The committee held a public hearing on February 5, 1992. The committee recommended that the Senate pass it with changes. On February 19, 1992 the Senate voted to pass it with changes, then referred it on to the Senate Economic Development committee. The committee recommended that the Senate kill it. On March 5, 1992 the Senate voted to kill it on a voice vote.

Sponsors

  • Sen. Dupont (SD6) (prime sponsor)
  • Sen. Fraser (SD4)
  • Sen. Delahunty (SD22)

Hearings and Sessions

  • February 5, 1992, 9:30 AM: hearing, Senate Insurance, RM101,LOB

Votes

  • March 5, 1992, Senate: Inexpedient to Legislate — voice vote, passed

The Docket

  • January 8, 1992: INTRODUCED AND REF TO INSURANCE
  • February 5, 1992: HEARING FEB05 09:30 RM101,LOB FOR: INSURANCE
  • February 19, 1992: COMM REPORT OTP/AM FEB19
  • February 19, 1992: PROP COMM AM (NEW TITLE); SC13,P6-15
  • February 19, 1992: COMM AM, AA VV; PASSED WITH AM AND REF TO ECON DEV; SJ7,P86-94
  • March 3, 1992: COMM REPORT ITL MAR05
  • March 5, 1992: ITL REPORT ADOPTED VV; SJ9,P174

Laws It Would Change

Related Bills

  • SB 339 (1992): relative to regulatory reform and transferring certain responsibilities relative to securities regulation from the department of justice to the secretary of state.

From the General Court