SB428 Alabama 2016 Session
Crossed Over
Bill Summary
Sponsors
Session
Regular Session 2016
Title
Banks and Banking, delinquency procedure regarding federal home loan banks, Sec. 27-32-27.1 added
Description
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
To add Section 27-32-27.1 to the Code of Alabama 1975; to add provisions specific to federal home loan banks and insurer members of those banks in delinquency proceedings; to establish the rights and obligations to limit the authority of receivers and of federal home loan banks regarding collateral pledged by its insurer members involved in delinquency proceedings.
Subjects
Banks and Banking
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| May 4, 2016 | H | Further Consideration |
| May 4, 2016 | H | McCampbell motion to Carry Over Temporarily adopted Voice Vote |
| May 4, 2016 | H | Third Reading Carried Over |
| April 27, 2016 | H | Read for the second time and placed on the calendar |
| April 26, 2016 | H | Read for the first time and referred to the House of Representatives committee on Financial Services |
| April 26, 2016 | S | Motion to Read a Third Time and Pass adopted Roll Call 824 |
| April 26, 2016 | S | Third Reading Passed |
| April 26, 2016 | S | Holley motion to Carry Over to the Call of the Chair adopted Voice Vote |
| April 26, 2016 | S | Third Reading Carried Over to Call of the Chair |
| April 21, 2016 | S | Read for the second time and placed on the calendar |
| April 20, 2016 | S | Read for the first time and referred to the Senate committee on Banking and Insurance |
Bill Calendar
| Type | Date | Location | Description |
|---|---|---|---|
| Hearing | April 21, 2016 | Room 320 at 08:45 | Senate B&I Hearing |
Bill Text
Bill Votes
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB428 Alabama 2016 Session - Introduced |