BILL · 1991–92 SESSION

SB 6403: Death benefits interest

Regulating interest paid on death benefits by insurers.

Summary

  • The 8 percent minimum interest obligation on life insurance proceeds is removed and new proof of loss standards are established.

From the Senate Bill Report (SB 6403), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 29, 1992
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
George Sellar (R-12)
Introduced
January 29, 1992 in the Senate
Last action
January 29, 1992
Companion bill
HB 2775

Sponsors

Prime sponsor: George Sellar (R-12)

1 co-sponsor (1 Democrat, 0 Republicans)

Votes

No recorded floor votes. This measure never reached a floor vote.

History

The Legislature's online data doesn't include step-by-step history for sessions before 2001. Its final status is shown above, and the official bill page may have more.

SB 6403 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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