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

Article

What to do with it

Reword itRepeal itAdd a new article after it

As published

26-28-122. Power of commissioner to borrow on pledge of assets.

(a) For the purpose of facilitating the rehabilitation, liquidation, conservation or dissolution of an insurer pursuant to this chapter, the commissioner, subject to court approval, may: (i) Borrow money and execute, acknowledge and deliver notes or other evidences of indebtedness therefor and secure the repayment of the notes or other evidences of indebtedness by the mortgage, pledge, assignment, transfer in trust or hypothecation of any of the insurer's property; and (ii) Take any other action necessary and proper to consummate any such loan and to provide for the repayment of that loan. (b) The commissioner has no obligation personally or in his official capacity to repay any loan made pursuant to this section.

Your wording

Your change, as a redline

26-28-122. Power of commissioner to borrow on pledge of assets.

Title

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

Why

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.