BILL · 2001–02 SESSION

SB 5653: Insurer's estate

Prioritizing and ordering the distribution of claims of an insurer's estate.

Summary

The order of distribution of claims against insolvent insurance companies is reprioritized, to comply with federal requirements, giving federal claims a higher priority, Class 3.

From the Senate Bill Report (SB 5653), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee

AN ACT Relating to prioritizing and ordering the distribution of claims of an insurer's estate;

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

Jan 16, 2002On motion, referred to Labor, Commerce & Financial Institutions.
Jan 14, 2002By resolution, reintroduced and retained in present status.
Apr 25, 2001By resolution, reintroduced and retained in present status.
Mar 29, 2001Senate Rules "X" file.
Mar 12, 2001Made eligible to be placed on second reading.
Feb 14, 2001Passed to Rules Committee for second reading.
Feb 13, 2001LCF - Majority; do pass.
Jan 30, 2001First reading, referred to Labor, Commerce & Financial Institutions.

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

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