HB 1405: Insurer-members of Federal Home Loan Banks
GENERAL BILL by Buchanan
Insurer-members of Federal Home Loan Banks; Provides automatic stays in delinquency proceedings initiated by DFS against federal home loan bank insurer-members prohibit bank from being stayed or precluded from certain rights; requires banks to provide specified processes & establish specified timelines; prohibits receivers for federal home loan bank insurer-members from voiding transfers or obligations to make specified transfers relating to federal home loan security agreements.
Last Action: 3/14/2022 House - Died in Insurance & Banking Subcommittee
Bill Text: PDF
• 1st Reading (Original Filed Version)
• Referred to Insurance & Banking Subcommittee
• Referred to Civil Justice & Property Rights Subcommittee
• Referred to Commerce Committee
• Now in Insurance & Banking Subcommittee
• Indefinitely postponed and withdrawn from consideration
• Died in Insurance & Banking Subcommittee
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