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CS/CS/SB 432: Insurer Rehabilitation & Liquidation

GENERAL BILL by Judiciary ; Banking and Insurance ; Klein

Insurer Rehabilitation & Liquidation; provides for dept. to approve insurer withdrawals upon certain conditions being satisfied; revises construction & purpose provisions; limits application of certain time restrictions; authorizes DOI to exercise certain third-party rights; provides exception; includes certain assets within provisions authorizing receiver to take certain actions, etc. Amends Ch. 631, 624.430, 626.9541; creates 624.4073, 817.2341; repeals 624.3101.

Effective Date: 07/01/2002
Last Action: 4/16/2002 - Approved by Governor; Chapter No. 2002-25; See also CS/HB 385 (Ch. 2002-282)
Bill Text: Web Page | PDF



Bill History

Date Chamber Action
11/5/2001 Senate • Prefiled
11/26/2001 Senate • Referred to Banking and Insurance; Judiciary; Appropriations Subcommittee on General Government; Appropriations
12/27/2001 Senate • On Committee agenda-- Banking and Insurance, 01/09/02, 9:00 am, 110-S --Pending reconsideration
1/22/2002 Senate • Introduced, referred to Banking and Insurance; Judiciary; Appropriations Subcommittee on General Government; Appropriations -SJ 00030; On Committee agenda-- Banking and Insurance, 01/09/02, 9:00 am, 110-S --Pending reconsideration; On Committee agenda-- Banking and Insurance, 01/23/02, 5:15 pm, 110-S
1/23/2002 Senate • CS by Banking and Insurance; YEAS 9 NAYS 0 -SJ 00130; CS read first time on 01/24/02 -SJ 00146
1/24/2002 Senate • Now in Judiciary -SJ 00130
2/28/2002 Senate • On Committee agenda-- Judiciary, 03/05/02, 9:00 am, 412-K
3/5/2002 Senate • CS/CS by Judiciary; YEAS 9 NAYS 1 -SJ 00474; CS read first time on 03/07/02 -SJ 00479
3/7/2002 Senate • Now in Appropriations Subcommittee on General Government -SJ 00474
3/18/2002 Senate • Withdrawn from Appropriations Subcommittee on General Government; Appropriations -SJ 00849; Placed on Calendar, on second reading
3/20/2002 Senate • Placed on Special Order Calendar -SJ 01212
3/21/2002 Senate • Placed on Special Order Calendar -SJ 01212; Read second time -SJ 01399; Amendment(s) adopted -SJ 01400; Read third time -SJ 01400; CS passed as amended; YEAS 35 NAYS 0 -SJ 01400
3/21/2002 House • In Messages
3/22/2002 House • Received -HJ 03043; Read second and third times -HJ 03043; CS passed; YEAS 118 NAYS 0 -HJ 03043
3/22/2002 Senate • Ordered enrolled -SJ 02115
4/5/2002 • Signed by Officers and presented to Governor
4/16/2002 • Approved by Governor; Chapter No. 2002-25; See also CS/HB 385 (Ch. 2002-282)