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

26-6-305. "Insolvency" and "impairment" defined.

(a) An insurer is insolvent if its total assets, as in this chapter provided, are less than its total liabilities, excluding as a liability, as to a stock insurer, the aggregate par value of its outstanding capital stock. (b) An insurer is impaired if: (i) As to a stock insurer, the sum of its assets is less than the sum of: (A) Its liabilities; (B) The aggregate par value of its outstanding capital stock; and (C) The amount of surplus the insurer is required to maintain for the kinds of insurance transacted. (ii) As to a mutual or reciprocal insurer, the sum of its assets is less than the sum of its liabilities and the amount of surplus the insurer is required to maintain for the kinds of insurance transacted.

Your change, as a redline

26-6-305. "Insolvency" and "impairment" defined.

(a) An insurer is insolvent if its total assets, as in this chapter provided, are less than its total liabilities, excluding as a liability, as to a stock insurer, the aggregate par value of its outstanding capital stock. (b) An insurer is impaired if: (i) As to a stock insurer, the sum of its assets is less than the sum of: (A) Its liabilities; (B) The aggregate par value of its outstanding capital stock; and (C) The amount of surplus the insurer is required to maintain for the kinds of insurance transacted. (ii) As to a mutual or reciprocal insurer, the sum of its assets is less than the sum of its liabilities and the amount of surplus the insurer is required to maintain for the kinds of insurance transacted.

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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