This bill would add provisions specific to federal home loan banks and insurer members of those banks to limit the authority of a receiver for an insurer in a delinquency proceeding and establish the rights and obligations of the federal home loan bank regarding collateral pledged by its insurer members involved in delinquency proceedings.
Delivered to Governor at 11:00 a.m. on May 4, 2016.
Assigned Act No. 2016-367.
Clerk of the House Certification
Signature Requested
Concurred in Second House Amendment
Enrolled
McCampbell motion to Concur In and Adopt adopted Roll Call 831
Concurrence Requested
Motion to Read a Third Time and Pass adopted Roll Call 952
Singleton motion to Adopt adopted Roll Call 951
Banking and Insurance Amendment Offered
Third Reading Passed
Read for the second time and placed on the calendar 1 amendment
Read for the first time and referred to the Senate committee on Banking and Insurance
Engrossed
Motion to Read a Third Time and Pass adopted Roll Call 650
Motion to Adopt adopted Roll Call 649
McCampbell Amendment Offered
McCampbell motion to Table adopted Roll Call 648
Financial Services Amendment Offered
Third Reading Passed
Read for the second time and placed on the calendar 1 amendment
Read for the first time and referred to the House of Representatives committee on Financial Services
Source: Alabama Legislature