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CS/SB 938: Credit Insurance

GENERAL BILL by Banking and Insurance ; Peaden

Credit Insurance; authorizes issuance of credit life insurance licenses to lending or financial institutions or creditors & authorizes such licensees to sell credit insurance; deletes certain license requirements for institutions with multiple offices; requires certain disclosures to credit life insurance purchasers re cancellation of such coverage, etc. Amends 626.321, 627.679.

Effective Date: 07/01/2001
Last Action: 5/31/2001 - Approved by Governor; Chapter No. 2001-111
Bill Text: Web Page | PDF



Bill History

Date Chamber Action
2/21/2001 Senate • Prefiled
3/7/2001 Senate • Introduced, referred to Banking and Insurance -SJ 00113
3/8/2001 Senate • On Committee agenda-- Banking and Insurance, 03/13/01, 9:15 am, 110-S
3/13/2001 Senate • CS by- Banking and Insurance; YEAS 12 NAYS 0 -SJ 00149; CS read first time on 03/16/01 -SJ 00180
3/15/2001 Senate • Placed on Calendar, on second reading -SJ 00149
3/27/2001 Senate • Placed on Special Order Calendar -SJ 00228; Read second time -SJ 00238; Amendment(s) adopted -SJ 00239; Ordered engrossed -SJ 00239
3/29/2001 Senate • Read third time -SJ 00267; CS passed as amended; YEAS 38 NAYS 0 -SJ 00267
4/3/2001 House • In Messages
4/24/2001 House • Received, placed on Calendar, on second reading -HJ 00649
4/27/2001 House • Substituted for CS/HB 747 -HJ 01095; Read second time -HJ 01095
4/30/2001 House • Read third time -HJ 01421; CS passed; YEAS 118 NAYS 1 -HJ 01421
4/30/2001 Senate • Ordered enrolled -SJ 00792
5/16/2001 • Signed by Officers and presented to Governor
5/31/2001 • Approved by Governor; Chapter No. 2001-111