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Georgia General Assembly > Legislation
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2015-2016 Regular Session - HB 624
Insurance; provide federal home loan bank rights regarding collateral pledge by an insurer-member subject to a delinquency proceeding; provisions
Sponsored By
Committees
HC: InsuranceSC:
First Reader Summary
A BILL to be entitled an Act to amend Chapter 37 of Title 33 of the Official Code of Georgia Annotated, relating to insurers rehabilitation and liquidation, so as to provide for federal home loan bank rights regarding collateral pledged by an insurer-member subject to a delinquency proceeding; to provide for definitions; to provide for certain limitations for a receiver to void transfer of certain property in connection with any federal home loan bank security agreement; to provide for transfer avoidance under certain circumstances; to provide for related matters; to repeal conflicting laws; and for other purposes.
Status History
Mar/20/2015 - House Second Readers
Mar/19/2015 - House First Readers
Mar/18/2015 - House Hopper
Versions
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