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S04951 Summary:
BILL NO | S04951 |
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SAME AS | SAME AS A03790 |
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SPONSOR | SEWARD |
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COSPNSR | |
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MLTSPNSR | |
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Amd S6502, Ins L | |
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Grants the superintendent of insurance the power to suspend the requirement of a mortgage guaranty insurer to maintain a minimum policyholder surplus in relation to its outstanding risk in order for the insurer to write a new business. |