Description: Life insurance; require interest to be paid from date of death until claim is paid.
Bill Text: [Introduced]
History of Actions:
|1||01/20 (S) Referred To Insurance|
|2||02/04 (S) Died In Committee|
|Effective date||July 1, 2003|
|Deadline||General Bill/Constitutional Amendment|
|Vote type required||Majority|
Principal Author: Blackmon
Title: AN ACT TO PROVIDE THAT DEATH CLAIMS ARISING UNDER POLICIES OF LIFE INSURANCE THAT ARE DETERMINED TO BE PAYABLE SHALL BEAR A CERTAIN INTEREST RATE WHICH IS PAYABLE FROM THE DATE OF DEATH UNTIL THE CLAIM IS PAID; AND FOR RELATED PURPOSES.
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