Propose a change

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

26-24-148. Acquisitions and exchanges in shares of another stock insurer.

(a) A domestic stock insurer shall not acquire a controlling interest in the shares of another stock insurer by an exchange of securities or partly in exchange for securities and partly for cash or property, unless the insurer first submits the plan for the acquisition and exchange to the commissioner and the commissioner approves the plan. (b) The commissioner shall not approve a plan of acquisition and exchange unless: (i) He finds the plan is fair and equitable to all parties concerned; (ii) He holds a hearing to which all persons to whom it is proposed to issue securities in the exchange have the right to appear; (iii) Notice is provided and the hearing conducted as provided in chapter 2 of this code.

Your change, as a redline

26-24-148. Acquisitions and exchanges in shares of another stock insurer.

(a) A domestic stock insurer shall not acquire a controlling interest in the shares of another stock insurer by an exchange of securities or partly in exchange for securities and partly for cash or property, unless the insurer first submits the plan for the acquisition and exchange to the commissioner and the commissioner approves the plan. (b) The commissioner shall not approve a plan of acquisition and exchange unless: (i) He finds the plan is fair and equitable to all parties concerned; (ii) He holds a hearing to which all persons to whom it is proposed to issue securities in the exchange have the right to appear; (iii) Notice is provided and the hearing conducted as provided in chapter 2 of this code.

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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