SB 218: Mortgage Guaranty Insurance
GENERAL BILL by Horne
Mortgage Guaranty Insurance; revises minimum surplus requirements for mortgage guaranty insurers; revises limits on total liability & exposure to losses for such insurers; requires mortgage guaranty insurers to include certain information in audited financial reports required pursuant to certain provision; authorizes Insurance Dept. to take certain actions against mortgage guaranty insurer that is not in compliance. Amends 624.408, 635.042.
Effective Date: 07/01/2001
Last Action: 5/1/2001 - Approved by Governor; Chapter No. 2001-37
Bill Text: Web Page | PDF
Last Action: 5/1/2001 - Approved by Governor; Chapter No. 2001-37
Bill Text: Web Page | PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 1/2/2001 | Senate |
• Prefiled |
| 1/11/2001 | Senate |
• Referred to Banking and Insurance |
| 3/6/2001 | Senate |
• Introduced, referred to Banking and Insurance -SJ 00021; On Committee agenda-- Banking and Insurance, 03/06/01, 2:30 pm, 309-C; Favorable by- Banking and Insurance; YEAS 13 NAYS 0 -SJ 00111 |
| 3/7/2001 | Senate |
• Placed on Calendar, on second reading -SJ 00111 |
| 3/21/2001 | Senate |
• Placed on Special Order Calendar -SJ 00200; Read second time -SJ 00198 |
| 3/22/2001 | Senate |
• Read third time -SJ 00219; Passed; YEAS 39 NAYS 0 -SJ 00219 |
| 3/27/2001 | House |
• In Messages |
| 4/2/2001 | House |
• Received, placed on Calendar, on second reading -HJ 00432 |
| 4/4/2001 | House |
• Substituted for HB 353 -HJ 00462; Read second time -HJ 00462 |
| 4/10/2001 | House |
• Read third time -HJ 00481; Passed; YEAS 118 NAYS 0 -HJ 00481 |
| 4/16/2001 | Senate |
• Ordered enrolled -SJ 00406 |
| 4/24/2001 |
• Signed by Officers and presented to Governor -SJ 00477 |
|
| 5/1/2001 |
• Approved by Governor; Chapter No. 2001-37 |