Bill Summary

HB 1405 Insurer-members of Federal Home Loan Banks (2022 Session)
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Sponsors
by Buchanan
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Summary
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. Effective Date: July 1, 2022
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committees of reference
» H Insurance & Banking Subcommittee
   H Civil Justice & Property Rights Subcommittee
   H Commerce Committee
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Actions
01/08/22
HOUSE 
Filed
01/14/22
HOUSE 
Referred to Insurance & Banking Subcommittee; Civil Justice & Property Rights Subcommittee; Commerce Committee
01/14/22
HOUSE 
Now in Insurance & Banking Subcommittee
03/12/22
HOUSE 
Indefinitely postponed and withdrawn from consideration
03/14/22
HOUSE 
Died in Insurance & Banking Subcommittee
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bill text & filed amendments
1405
Filed on 01/08/22
PDF
No amendments to this bill text filed.
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Statute Citations
626.9541
631.011
631.025
631.041
631.261
817.2341
Research & Reports
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