HR 1112

112th CONGRESS
1st Session

H. R. 1112

To reform the National Association of Registered Agents and Brokers, and for other purposes.

IN THE HOUSE OF REPRESENTATIVES

March 16, 2011

Mr. NEUGEBAUER (for himself, Mr. DAVID SCOTT of Georgia, Mr. BACHUS, Mrs. BIGGERT, Mrs. CAPITO, Mr. GARRETT, Mr. DAVIS of Kentucky, Mr. AKIN, Mrs. BACHMANN, Mr. BOREN, Mr. BOSWELL, Mr. BRALEY of Iowa, Mr. CANSECO, Mr. CAPUANO, Mr. CARSON of Indiana, Mr. CHANDLER, Mr. CLAY, Mr. DOLD, Mr. DONNELLY of Indiana, Ms. FOXX, Mr. GERLACH, Mr. AL GREEN of Texas, Ms. HAYWORTH, Mr. HOLDEN, Mr. HUIZENGA of Michigan, Mr. JONES, Mr. KINZINGER of Illinois, Mr. LANCE, Mr. LARSON of Connecticut, Mr. LOEBSACK, Mr. LUETKEMEYER, Mrs. MALONEY, Mr. MANZULLO, Mr. MARCHANT, Mr. MCHENRY, Mr. MILLER of North Carolina, Ms. MOORE, Mr. MURPHY of Connecticut, Mrs. MYRICK, Mr. PERLMUTTER, Mr. POSEY, Mr. RENACCI, Mr. ROSS of Arkansas, Mr. SCHRADER, Mr. STIVERS, Mr. TERRY, Mr. WALSH of Illinois, and Ms. WASSERMAN SCHULTZ) introduced the following bill; which was referred to the Committee on Financial Services


A BILL

To reform the National Association of Registered Agents and Brokers, and for other purposes.

SECTION 1. SHORT TITLE.

SEC. 2. REESTABLISHMENT OF THE NATIONAL ASSOCIATION OF REGISTERED AGENTS AND BROKERS.

`Subtitle C--National Association of Registered Agents and Brokers

`SEC. 321. NATIONAL ASSOCIATION OF REGISTERED AGENTS AND BROKERS.

`SEC. 322. PURPOSE.

`SEC. 323. MEMBERSHIP.

`SEC. 324. BOARD OF DIRECTORS.

`SEC. 325. OFFICERS.

`SEC. 326. BYLAWS, RULES, AND DISCIPLINARY ACTION.

`SEC. 327. POWERS.

`SEC. 328. REPORT BY ASSOCIATION.

`SEC. 329. LIABILITY OF THE ASSOCIATION AND THE DIRECTORS, OFFICERS, AND EMPLOYEES OF THE ASSOCIATION.

`SEC. 330. PRESIDENTIAL OVERSIGHT.

`SEC. 331. RELATIONSHIP TO STATE LAW.

`SEC. 332. COORDINATION WITH OTHER REGULATORS.

`SEC. 333. RIGHT OF ACTION.

`SEC. 334. DEFINITIONS.

`Subtitle C--National Association of Registered Agents and Brokers

END