Fabio
76 lines
4.2 KiB
Markdown
76 lines
4.2 KiB
Markdown
---
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type: "Bill"
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title: "Insurance; division of a domestic insurer into two or more resulting domestic insurers; provide"
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description: "A BILL to be entitled an Act to amend Title 33 of the O.C.G.A., relating to insurance, so as to provide for the division of a domestic insurer into two or more resulting domestic insurers; to provide for definitions; to provide for a plan of division subject to approval by the Insurance Commissioner; to amend Part 1 of Article 13 of Chapter 2 of Title 14 of the O.C.G.A., relating to the right to dissent and obtain payment for shares, so as to add the right to dissent and obtain payment for shares for a division of a domestic insurer; to provide for related matters; to repeal conflicting laws; and for other purposes."
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jurisdiction: "us/states/ga"
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legislature: "Georgia General Assembly"
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session: "2019_20"
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identifier: "SB 156"
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citation: "Georgia SB 156 (2019_20)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: ["P. K. Martin IV"]
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version_count: 5
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action_count: 15
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vote_count: 1
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first_action: "2019-02-21"
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last_action: "2019-07-01"
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source: "openstates"
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source_identifier: "ocd-bill/44b27192-df55-45b3-9f92-413a5ece0a76"
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source_url: "http://webservices.legis.ga.gov/GGAServices/Legislation/Service.svc?wsdl"
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source_hash: "b653ee2bcb1bbeecb1ec6b05703d6ef2118cc41f59e087dc1d37ae5e39db35e0"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-ga"]
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---
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# Georgia SB 156 (2019_20) — Insurance; division of a domestic insurer into two or more resulting domestic insurers; provide
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A BILL to be entitled an Act to amend Title 33 of the O.C.G.A., relating to insurance, so as to provide for the division of a domestic insurer into two or more resulting domestic insurers; to provide for definitions; to provide for a plan of division subject to approval by the Insurance Commissioner; to amend Part 1 of Article 13 of Chapter 2 of Title 14 of the O.C.G.A., relating to the right to dissent and obtain payment for shares, so as to add the right to dissent and obtain payment for shares for a division of a domestic insurer; to provide for related matters; to repeal conflicting laws; and for other purposes.
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **As introduced LC 46 0104ER** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20192020/182287.pdf)
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2. **As passed Senate** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20192020/183254.pdf)
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3. **Committee sub LC 46 0116ERS** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20192020/182749.pdf)
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4. **Floor amend 1 AM 46 0012** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20192020/183220.pdf)
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5. **SB156/AP*** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20192020/185075.pdf)
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## Votes
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- PASSAGE BY SUBSTITUTE — **53–1** (pass) · upper
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## Sponsors
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- P. K. Martin IV — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2019-02-21** Senate Hopper
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- **2019-02-22** Senate Read and Referred `referral-committee`
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- **2019-02-26** Senate Committee Favorably Reported By Substitute `committee-passage-favorable`
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- **2019-02-27** Senate Read Second Time `reading-2`
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- **2019-02-28** Senate Third Read `reading-3`
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- **2019-02-28** Senate Passed/Adopted By Substitute `passage`
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- **2019-03-01** House First Readers `reading-1`
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- **2019-03-04** House Second Readers `reading-2`
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- **2019-03-13** House Committee Favorably Reported `committee-passage-favorable`
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- **2019-03-18** House Third Readers `reading-3`
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- **2019-03-18** House Passed/Adopted `passage`
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- **2019-04-05** Senate Sent to Governor `executive-receipt`
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- **2019-05-02** Senate Date Signed by Governor `executive-signature`
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- **2019-05-02** Act 147 `executive-signature`
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- **2019-07-01** Effective Date
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/44b27192-df55-45b3-9f92-413a5ece0a76`. Confidence: reported (aggregated from official Georgia legislature records).
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