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Title 26 Insurance Code

Write the words of this act the way you think they should read. Solon shows your change as a redline against the published text and pins it to that exact text, so it can never be applied to wording you did not see.

Change 1

What to do with it
As published

26-24-132. Participating policies.

(a) If provided for in its articles of incorporation or charter, a stock insurer or mutual insurer may: (i) Issue any of its policies or contracts with or without participation in profits, savings, unabsorbed portions of premiums or surplus; (ii) Classify policies issued and risks insured on a participating and nonparticipating basis; and (iii) Subject to W.S. 26-16-503, determine the right to participate and the extent of participation of any classes of policies. Any such classification or determination shall be reasonable. (b) A life insurer may issue both participating and nonparticipating policies or contracts only if the right or absence of right to participate is reasonably related to the premium charged. (c) After the third policy year, no dividend, otherwise earned, is contingent upon the payment of renewal premium on any policy or contract.

Your change, as a redline

26-24-132. Participating policies.

(a) If provided for in its articles of incorporation or charter, a stock insurer or mutual insurer may: (i) Issue any of its policies or contracts with or without participation in profits, savings, unabsorbed portions of premiums or surplus; (ii) Classify policies issued and risks insured on a participating and nonparticipating basis; and (iii) Subject to W.S. 26-16-503, determine the right to participate and the extent of participation of any classes of policies. Any such classification or determination shall be reasonable. (b) A life insurer may issue both participating and nonparticipating policies or contracts only if the right or absence of right to participate is reasonably related to the premium charged. (c) After the third policy year, no dividend, otherwise earned, is contingent upon the payment of renewal premium on any policy or contract.

One line that says what changes, such as "Halve the dog tax".

Who it helps, what it costs, what it fixes. It is what persuades people to support it.

A proposal here is not law. Support on Solon is evidence that people want the change; the official route says what it takes to make it law.

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