LD 634
pg. 3
Page 2 of 3 An Act To Amend the Electronic Insurance Cancellation Notification Law LD 634 Title Page
Download Bill Text
LR 481
Item 1

 
The Secretary of State has a 15-day period in which to reconcile
the cancellations, terminations and lapses with the evidence of
insurance for reinstatement of coverage and new coverage.__If no
reconciliation is made, the Secretary of State shall send a
notification of registration suspension pursuant to subsection 4.

 
Emergency clause. In view of the emergency cited in the preamble,
this Act takes effect when approved.

 
SUMMARY

 
This bill allows a 15-day reconciliation period at the
Secretary of State's office to reconcile cancellations with
reinstatements and policies placed with a different company
before the Secretary of State sends out a notification of
suspension. The bill also requires the Secretary of State to
accept by electronic transmittal evidence of insurance for
insured persons who are changing insurance carriers. Finally,
the bill amends the content of the notification of cancellation
to require the name, address and date of birth of the insured or
insureds of the motor vehicle, instead of the owner or owners.


Page 2 of 3 Top of Page LD 634 Title Page