Report Title:
Chief Deputy Insurance Commissioner; Salary
Description:
Provides that the salary of the chief deputy commissioner shall be no less than ninety-five per cent of the maximum salary of the commissioner. (SD2)
THE SENATE |
S.B. NO. |
29 |
TWENTY-FIRST LEGISLATURE, 2001 |
S.D. 2 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
relating to insurance.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. Section 431:2-105, Hawaii Revised Statutes, is amended by amending subsection (a) to read as follows:
"(a) There shall be a chief deputy commissioner, who shall be subject to chapters 76 and 77. The chief deputy commissioner shall have the power to perform any act or duty assigned by the commissioner, and shall take and subscribe the same oath of office as the commissioner, which oath shall be endorsed upon the certificate of the chief deputy commissioner's appointment and filed in the office of the lieutenant governor. The salary of the chief deputy commissioner shall be no less than ninety-five per cent of the maximum salary of the commissioner."
SECTION 2. New statutory material is underscored.
SECTION 3. This Act shall take effect on July 1, 2001.