Daily bulletin [2014 : June 25]

6/2&2014 The Daily Bulletin: Wednesday, June 25, 2014 1 Legislative Reporting Service UNC SCHOOL OF GOVERNMENT The Daily Bulletin: Wednesday, June 25, 2014 PUBLIC/HOUSE BILLS H 189 (2013-2014) AMEND INFO./CHILD SUPP. ORDERS Filed Feb 28 2013, A BILL TO BE ENTITLED AN ACT TO AMEND THE LAWS REGARDING INFORMATION PROVIDED TO NONCUSTODIAL PARENTS SUBJECT TO WAGE WITHHOLDING ORDERS UNDER THE LAWS PERTAINING TO CHILD SUPPORT, TO MAKE TECHNICAL CORRECTIONS TO THE UNIFORM DEPLOYED PARENTS CUSTODY AND VISITATION ACT, TO MODERNIZE THE BUSINESS COURT BY MAKING TECHNICAL, CLARIFYING, AND ADMINISTRATIVE CHANGES TO THE PROCEDURES FOR COMPLEX BUSINESS CASES, TO STREAMLINE THE PROCESS OF CORPORA ТЕ REORGANIZA TION UTILIZING HOLDING COMPANIES, TO ALLOW FOR SHAREHOLDER ASSENT TO EXCLUSIVE FORUM, AND TO CREATE A TIIREE-JUDGE PANEL TO RULE ON CLAIMS ТПА T AN ACT OF THE GENERAL ASSEMBLY IS FACIALLY INVALID BASED UPON THE NORTH CAROLINA OR UNITED STATES CONSTITUTIONS. Senate amendment #2 to the 3rd edition, with the exception of technical changes, is identical to the provisions of amendment # 1 . Intro, by Glazier, Stevens, L. Hall. GS 1, GS 1 A, GS 7A, GS 50A, GS 55, GS 105, GS 1 10 View summary Courts/Judiciary, Civil, Civil Law, Civil Procedure, Family Law H 267 (2013-2014) Unclaimed Property Program Improvements. Filed Mar 7 2013, A BILL TO BE ENTITLED AN ACT TO AMEND THE STATUTES GOVERNING THE ESCHEAT FUND TO PROTECT THE PRIVACY OF INFORMATION COLLECTED FOR THE PROCESS OF PA YING CLAIMS; TO ELIMINA ТЕ THE FEE PAID BY HOLDERS FOR FILING AN EXTENSION REQUEST; TO REDUCE THE AMOUNT OF PAPERWORK REQUIRED BY HOLDERS; AND TO IMPROVE THE EFFICIENCY AND EFFECTIVENESS OF PROCESSING HOLDER REPORTS. The Senate committee substitute to the 3rd edition deletes the provisions of the previous edition and replaces it with the following. Amends GS 58-10-340 to add special purpose captive insurance company to the definition of captive insurance company and adds and defines the tenn special purpose captive insurance company. Amends GS 58-10-345 to allow a special purpose captive insurance company to provide insurance or reinsurance for risks, as approved by the Commissioner of Insurance (Commissioner). Amends the requirements for licensure to issue insurance policies as a captive insurance company to remove the ability to provide an irrevocable letter of credit instead of the amount required to be paid into the applicant business. Amends GS 58-10-345, GS 58-10-360, GS 58-10-365, GS 58-10-370, and GS 58-10-395 to make technical changes, replace letters with certificates, and change references to applicant business entity with company. Amends GS 58-10-370 to to require a special purpose captive insurance company to possess and maintain unimpaired paid-in capital and surplus in the amount of no less than $250,000 in order to be licensed. Also allows capital and surplus to be in the form of securities, or other form, approved by the Commission, in addition to cash or a clean irrevocable letter of credit. https://lrs.sog.unc.edU/lrs-subscr-view/dailybulletin/2014-06-25# 1/33