Insurers rehabilitation and liquidation; federal home loan bank rights.
Summary
Insurers rehabilitation and liquidation; federalhome loan bank rights. Expands upon provisions that authorizea court, in instances of insurer rehabilitation and liquidation,to issue a restraining order or injunction to an insurer to preventthe transaction of future business or other business activities.The bill further creates provisions relating to federal home loanbank rights and insurer-members of federal home loan banks relatedto the transfer of assets, delinquency proceedings, and requirementsfor federal home loan banks upon appointing a receiver for an insurer-member.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2022
Committee Review
Floor Vote
Governor
Introduced Jan 17, 2022
Last action Jan 31, 2022
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
4
Key actions
0
Committee
1
Jan 17, 2022
Committee
Referred to Committee on Commerce and Labor
upper
Jan 17, 2022
Introduced
Presented and ordered printed 22104341D
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Creigh Deeds
DDemocratic
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