Bill Request 991

Title AN ACT relating to delinquency proceedings involving insurer-members of federal home loan banks.
Bill Documents Original
Sponsors J. Fischer
Summary of Original Version Amend KRS 304.33-030 to define terms and make technical corrections; create a new section of Subtitle 33 of KRS Chapter 304 for insurer delinquency proceedings relating to federal home loan bank security interests; amend KRS 304.33-050 and 304.33-170 to conform; amend KRS 304.33-240 to prohibit a liquidator from disavowing, rejecting, or repudiating certain security interests of federal home loan banks; amend KRS 304.33-290 to except certain transfers, or obligation to transfer, from insurer-members to federal home loan banks from being deemed fraudulent and avoidable; amend KRS 304.33-310 to prohibit a liquidator from avoiding preference under, or in connection with, certain federal home loan bank security interests.
Index Headings Insurance - Insurer delinquency proceedings, federal home loan bank security interests
Loans and Credit - Federal home loan bank, insurer delinquency proceedings
Banks and Financial Institutions - Federal home loan bank, insurer delinquency proceedings

Actions

12/10/21 Prefiled by the sponsor(s).

Last updated: 12/21/2021 12:15 PM (EST)
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