Creigh Deeds
- Democratic
- Senator
- District 11
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.
Impact statement from SCC (SB637)
Stricken at request of Patron in Commerce and Labor (15-Y 0-N)
Presented and ordered printed 22104341D
Referred to Committee on Commerce and Labor
| Bill Text Versions | Format |
|---|---|
| Presented and ordered printed 22104341D | PDF HTML |
| Document | Format |
|---|---|
| Fiscal Impact Statement: SB637F171.PDF |
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