1.1.................... moves to amend H.F. No. 811, the H0811A2 amendment, as follows:
1.2Page 3, delete lines 24 to 26 and insert:
1.3"EFFECTIVE DATE.This section is effective the day following final enactment
1.4and applies to member insurers who are first determined to be impaired or insolvent on or
1.5after this effective date. Member insurers who are subject to an order of impairment in
1.6effect on the effective date but are not declared insolvent until after the effective date shall
1.7continue to be governed by the law in effect prior to the effective date."
1.8Page 4, delete lines 7 to 9, and insert:
1.9"EFFECTIVE DATE.This section is effective the day following final enactment
1.10and applies to member insurers who are first determined to be impaired or insolvent on or
1.11after this effective date. Member insurers who are subject to an order of impairment in
1.12effect on the effective date but are not declared insolvent until after the effective date shall
1.13continue to be governed by the law in effect prior to the effective date."