Georgia Senate Bill 229 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 4-0)
Status: Introduced on March 19 2015 - 25% progression, died in committee
Action: 2015-03-20 - Senate Read and Referred
Pending: Senate Insurance and Labor Committee
Text: Latest bill text (Introduced) [PDF]

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.

Insurance; provide for federal home loan bank rights; collateral pledged by an insurer-member subject to delinquency proceedings

Sen. Burt Jones [R]

Sen. P.K. Martin [R]

Sen. Joshua McKoon [R]

Sen. Charlie Bethel [R]

Date	Chamber	Action
2015-03-20	Senate	Senate Read and Referred
2015-03-19	Senate	Senate Hopper

Type	Source
Summary	https://www.legis.ga.gov/legislation/44800
Text	https://www.legis.ga.gov/api/legislation/document/20152016/151625