Find a 2017 Bill:

2017 Regular Session



Insurance - Impaired Entities - Delinquency Proceedings

Sponsored by:

Delegate Kramer


In the House - Hearing 2/16 at 1:00 p.m.

Synopsis:Providing that a federal home loan bank may not be stayed or prohibited from exercising specified rights with respect to specified collateral of a specified insurer-member after the seventh day following the filing of a delinquency proceeding; requiring a federal home loan bank to repurchase specified outstanding capital stock of a specified insurer-member under specified circumstances; requiring a federal home loan bank to establish a specified timeline and process within 10 business days after a request from a receiver; etc.
Analysis:Fiscal and Policy Note
All Sponsors:Delegate Kramer
Additional Facts:Cross-filed with: SB0402
Bill File Type: Regular
Effective Date(s): June 1, 2017
Economic Matters  View Committee Hearing
Broad Subject(s):Insurance - Other than Health
Narrow Subject(s):Banks and Trust Companies
Debt Collection -see also- Attachments and Garnishments
Federal Government
Financial Institutions -see also- Banks; Credit Unions; etc.
Insurance -see also- Health Ins; MAIF; Motor Vehicle Ins
Loans -see also- Mortgages
Real Property
Statutes:Article - Insurance
(9-201, 9-215, 9-221)

How a Bill Becomes Law

Legislative Lingo

Explanation of Floor Motions and Actions

November 28, 2017 1:02 P.M.