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CS/SB 834: Mortgage Guaranty Insurance/Surplus

GENERAL BILL by Banking and Insurance ; Horne

Mortgage Guaranty Insurance/Surplus; revises minimum surplus requirements for mortgage guaranty insurers; revises limits on total liability & exposure to losses for such insurers; requires audited financial reports required pursuant to certain provision to include certain information; authorizes DOI to take certain actions against mortgage guaranty insurer that is not in compliance. Amends 624.408, 635.042.

Effective Date: 07/01/2000
Last Action: 5/5/2000 Senate - Died on Calendar
Bill Text: Web Page | PDF



Bill History

Date Chamber Action
12/22/1999 Senate • Prefiled
1/3/2000 Senate • Referred to Banking and Insurance
3/7/2000 Senate • Introduced, referred to Banking and Insurance SJ 00053
3/22/2000 Senate • On Committee agenda Banking and Insurance, 03/27/00, 1:00 pm, 110S Not considered
3/29/2000 Senate • On Committee agenda Banking and Insurance, 04/03/00, 1:00 pm, 110S Not considered
4/5/2000 Senate • On Committee agenda Banking and Insurance, 04/10/00, 2:00 pm, 110S
4/10/2000 Senate • Comm. Action:CS by Banking and Insurance; YEAS 9 NAYS 0
4/11/2000 Senate • 00424
• Placed on Calendar SJ 00421
5/5/2000 Senate • Died on Calendar