| Title | AN ACT relating to delinquency proceedings involving insurer-members of federal home loan banks. |
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| 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 |
| 12/10/21 | Prefiled by the sponsor(s). |
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Last updated: 12/21/2021 12:15 PM (EST)
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