Bill Text | History of Actions | Background | Title |
Description: Life insurance; interest shall be paid from date insurer receives proof of death until claim paid.
Bill Text: [Introduced] [Committee Substitute] [Passed House]
| 1 | 01/16 (H) Referred To Insurance | |
| 2 | 01/29 (H) Title Suff Do Pass Comm Sub | |
| 3 | 02/06 (H) Committee Substitute Adopted | |
| 4 | 02/06 (H) Passed | |
| 5 | 02/08 (H) Transmitted To Senate | |
| 6 | 02/11 (S) Referred To Insurance | |
| 7 | 03/05 (S) Died In Committee |
| Effective date | July 1, 2002 | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| Vote type required | Majority |
House Committee:
Senate Committee:
Principal Author: Montgomery (74th)
Additional Authors: Stevens, Scott (80th)
Title: AN ACT TO PROVIDE THAT THE PROCEEDS OF A LIFE INSURANCE POLICY BECOME DUE ON THE DATE OF THE DEATH OF THE INSURED; TO REQUIRE THAT A CERTAIN RATE OF INTEREST SHALL BE PAID ON THE DEATH PROCEEDS; AND FOR RELATED PURPOSES.
End Of Document
2002/pdf/History/HB/HB0851.htm