Countersignature


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Countersignature

 

in the state law of some bourgeois states, the signing by the premier or other authorized minister of a normative act of parliament or of the head of state, thereby giving the act legal force. Countersignature is provided for in the constitutions of all bourgeois parliamentary countries (for example, the Italian Constitution, art. 89). In France since 1962, that is, since the institution of direct presidential elections, presidential decrees do not enter into force without countersignature by the premier. The most important decrees of the French premier must, in turn, have the countersignature of the appropriate ministers as a sign of their agreement with the given decree.

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These countersignature laws are stubborn vestiges of protectionism that have no place in the 21st Century," said Ken A.
He noted the countersignature statutes precluded Florida-licensed nonresident agents from placing property or casualty insurance coverage in the state without the participation of a resident agent, who must be paid at least 50 percent of the commission with respect to property coverages and at least 25 percent of the commission with respect to other coverages.
Specifically, he pointed out that while only a few jurisdictions still have countersignature laws, less progress has been made on what he termed the "secondary level" of statutes that act in concert with countersignature laws.
The suit argues that the Commonwealth's countersignature law violates the Privilege and Immunities Clause of the U.
It is assumed submit countersignature Municipal Treasurer for documents credit (credit agreement, promissory note, statement of submission to enforcement, declaration of exhibitors blank promissory note).
A countersignature by the Head of Government is required.
As most readers are now aware, on August 13, 2001, the Security Cooperation Community implemented the use of electronic LOA countersignature procedures.
They include the refusal of certain states to recognize risk retention group coverage as evidence of financial responsibility with regard to certain liability coverages; the policy of some states to impose a surplus lines tax on risk retention groups rather than taxing them as admitted insurers (the current requirement results generally in a higher tax rate); the practice of some non-chartering states to charge high filing fees; and the need to clarify countersignature laws.
Countersignature of the Treasurer will be submitted only on the promissory note.
Under the electronic process, the coordination now happens in parallel and there is no longer a physical DSCA countersignature on the document.
The NAIC is looking at issues such as: nonresident agent countersignature requirements, nonelectronic delivery of documents, disparate document format requirements among states, limited premium payment options, and electronic signature acceptability.
Performance Period - The performance period for this Older Americans Act program will begin on the date of the countersignature by the H-GAC Executive Director and will continue until September 30, 2015.