Bill Text | History of Actions | Background | Title |
Description: Life insurance; require insurers to pay interest on proceeds from date of death.
Bill Text: [Introduced] [Committee Substitute]
| 1 | 01/16 (S) Referred To Insurance | |
| 2 | 01/31 (S) Title Suff Do Pass Comm Sub | |
| 3 | 02/13 (S) Recommitted to Committee | |
| 4 | 02/13 (S) Died In Committee |
| Effective date | Passage | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| Vote type required | Majority |
Senate Committee:
Principal Author: Ross
Title: AN ACT TO REQUIRE EACH INSURER ADMITTED TO TRANSACT LIFE INSURANCE IN THIS STATE TO PAY INTEREST ON PROCEEDS OF LIFE INSURANCE POLICIES; TO PROVIDE THAT SUCH INTEREST SHALL COMPUTED FROM THE INSURED'S DEATH UNTIL THE DATE OF PAYMENT; AND FOR RELATED PURPOSES.
End Of Document
2002/html/History/SB/SB2430.htm