HB 681

  • Virginia House Bill
  • 2022 Regular Session
  • Introduced in House Jan 11, 2022
  • House
  • Senate
  • Governor

Insurers rehabilitation and liquidation; federal home loan bank rights.

Abstract

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 Sponsors (1)

Votes


Actions


Feb 15, 2022

House

Left in Commerce and Energy

Feb 01, 2022

House

Subcommittee recommends striking from docket (7-Y 0-N)

Jan 31, 2022

House

Impact statement from SCC (HB681)

Jan 20, 2022

House

Assigned sub: Subcommittee #1

Jan 11, 2022

House

Prefiled and ordered printed; offered 01/12/22 22102241D

House

Referred to Committee on Commerce and Energy

Bill Text

Bill Text Versions Format
Prefiled and ordered printed; offered 01/12/22 22102241D PDF HTML

Related Documents

Document Format
Fiscal Impact Statement: HB681F171.PDF PDF

Sources

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