An Act to amend and reenact § 46.1-299, as amended, of the Code of Virginia, relating to devices signalling intention to turn or stop and rules therefor.
Volume 1968 Law 99
Volume | 1950 |
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Law Number | 137 |
Subjects |
Law Body
CHAPTER 137
AN ACT to authorize and direct the Virginia Advisory Legisla-
tive Council to continue and complete the Study and revi-
sion of the insurance laws of Virginia which it has already
begun; and to appropriate to the Virginia Advisory Legis-
lative Council certain funds to carry out such puree
306
Approved March 9, 1950
Whereas, by chapter four hundred forty-eight of the Acts
of Assembly of nineteen hundred forty-eight, the Virginia
Advisory Legislative Council was directed to make a study of
the insurance laws of Virginia to determine whether or not a
revision or recodification was necessary, and the Council has
reported that a revision and recodification is advisable and neces-
sary, and that it has prepared a substantial part of such work
but was unable to complete its work in sufficient time to permit
adequate consideration thereof at the present session of the Gen-
eral Assembly; and
Whereas, the Council has recommended that it be author-
ized and directed to complete the study and investigation already
begun, and to make a report of its findings and recommenda-
tions by September one, nineteen hundred fifty-one; now there-
ore, .
Be it enacted by the General Assembly of Virginia:
1. § 1. The Virginia Advisory Legislative Council is hereby
authorized and directed to continue and complete the study of the
insurance laws of the Commonwealth of Virginia which it has
already begun and revise and recodify the same to provide for
such elimination of obsolete matter and the addition of new
matter therein as is necessary to provide for proper and ade-
quate supervision and regulation of insurance carriers and of
their officers, agents, employees and other representatives, and
of the conduct of the insurance business generally in this State.
§ 2. The Council shall complete and submit to the Gov-
ernor and the General Assembly on or before September 1,
1951, a report of its findings and recommendations together with
a draft of legislation necessary to carry such recommendations
into effect.
§ 8. The Council is authorized to expend funds made avail-
able to it for the study herein directed for the purpose of paying
the per diem and expenses of members of the Council, and ex-
penses of members of committees selected by it, when engaged
in duties incident to the conduct of such study, and also salaries
and expenses of employees of the Council engaged in such studies
and other expenses of the Council properly chargeable thereto.
2. There is hereby appropriated to the Virginia Advisory Leg-
islative Council, to be paid out of the fees, licenses and taxes
levied and collected for the payment of the expenses incurred
in supervising and inspecting concerns conducting an insur-
ance business in Virginia, to be used solely in the conduct of
the study herein directed, the sum of twenty thousand dollars,
or so much thereof as shall be necessary. Any balance of such
funds remaining unexpended at the end of the biennium ending
June thirty, nineteen hundred fifty-two, shall revert to the
special fund from which it is appropriated.