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
Date Chamber Action 1/8/2022 House • Filed
1/11/2022 House • 1st Reading (Original Filed Version)
1/14/2022 House • Referred to Insurance & Banking Subcommittee
• Referred to Civil Justice & Property Rights Subcommittee
• Referred to Commerce Committee
• Now in Insurance & Banking Subcommittee
3/12/2022 House • Indefinitely postponed and withdrawn from consideration
3/14/2022 House • Died in Insurance & Banking Subcommittee
HB 1405, Original Filed Version (Current Bill Version) Posted 1/8/2022 at 2:22 PM
Bill Text: Analyses: None
Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills S 1888 Federal Home Loan Banks Gruters Similar Last Action: 3/14/2022 S Died in Banking and Insurance
Citations - Statutes (6)
Citation Catchline Location in Bill Location In Bill Help 626.9541 Unfair methods of competition and unfair or deceptive acts or practices defined. Page 6 (pdf) 631.011 Definitions. Page 2 (pdf) 631.025 Persons subject to this part. Page 6 (pdf) 631.041 Automatic stay; relief from stay; injunctions. Page 2 (pdf), Page 7 (pdf) 631.261 Voidable transfers. Page 5 (pdf) 817.2341 False or misleading statements or supporting documents; penalty. Page 8 (pdf)
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