Will Wampler
- Republican
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.
Left in Commerce and Energy
Subcommittee recommends striking from docket (7-Y 0-N)
Impact statement from SCC (HB681)
Assigned sub: Subcommittee #1
Prefiled and ordered printed; offered 01/12/22 22102241D
Referred to Committee on Commerce and Energy
Bill Text Versions | Format |
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Prefiled and ordered printed; offered 01/12/22 22102241D | PDF HTML |
Document | Format |
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Fiscal Impact Statement: HB681F171.PDF |
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