Legislation

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.

Committees

Original:: Finance Click to view Recorded Media

Details

Cross-filed with: HB0782

Bill File Type: Regular

Effective Date(s): June 1, 2017

History

Legislation History
Chamber Senate Calendar Date 1/27/2017 Legislative Date 1/27/2017 Action First Reading Finance Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Insurance - Impaired Entities - Delinquency Proceedings Proceedings
Chamber Senate Calendar Date 1/31/2017 Legislative Date 1/31/2017 Action Hearing 2/14 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	1/27/2017	1/27/2017	First Reading Finance
			Text - First - Insurance - Impaired Entities - Delinquency Proceedings
Senate	1/31/2017	1/31/2017	Hearing 2/14 at 1:00 p.m.

File Code

Subjects

Statutes