Committees' approval of agreements or compacts required

A multistate agreement or compact entered into by the Insurance Commissioner shall be: (1) Considered by the Senate Committee on Insurance and Commerce and the House Committee on Insurance and Commerce; and (2) Reviewed and approved by the Legislative Council. Amended by Act 2015, No. 1258,§ 19, eff. 7/22/2015. Acts 2011, No. 1055, § 3. A multistate agreement or compact entered into by the Insurance Commissioner shall be: (1) Considered by the Senate Committee on Insurance and Commerce and the House Committee on Insurance and Commerce; and (2) Reviewed and approved by the Legislative Council. Amended by Act 2015, No. 1258,§ 19, eff. 7/22/2015. Acts 2011, No. 1055, § 3.