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Georgia General Assembly > Legislation
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2009-2010 Regular Session - SB 61
Life Settlements Act; license/registration requirements for life settlement brokers; definitions
Sponsored By
Sponsored In House By
First Reader Summary
A BILL to be entitled an Act to amend Chapter 59 of Title 33 of the Official Code of Georgia Annotated, relating to life settlements, so as to provide a short title; to provide for definitions; to provide for license requirements for providers and registration requirements for life settlement brokers; to provide suspension, revocation, and refusal to renew of such licenses; to provide for requirements for life settlement contracts; to provide for certain reporting requirements; to provide for certain privacy requirements; to provide for the examination of licensees; to provide for the authority of the Commissioner of Insurance to investigate persons involved in the life settlement business and in suspected fraudulent practices; to provide for related matters; to provide for effective dates and applicability; to repeal conflicting laws; and for other purposes.
Status History
Jul/01/2009 - Effective Date
Apr/30/2009 - Act 93
Apr/30/2009 - Senate Date Signed by Governor
Apr/08/2009 - Senate Sent to Governor
Mar/26/2009 - House Passed/Adopted
Mar/26/2009 - House Third Readers
Feb/11/2009 - House Committee Favorably Reported
Feb/06/2009 - House Second Readers
Feb/05/2009 - House First Readers
Feb/04/2009 - Senate Passed/Adopted
Feb/04/2009 - Senate Third Read
Feb/02/2009 - Senate Read Second Time
Jan/30/2009 - Senate Committee Favorably Reported
Jan/29/2009 - Senate Read and Referred
Jan/28/2009 - Senate Hopper
Mar/26/2009 - House Vote #339Yea(161)Nay(0)NV(7)
Feb/04/2009 - Senate Vote #18Yea(50)Nay(0)NV(1)
Past Versions