NY S05310 | 2019-2020 | General Assembly

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on April 24 2019 - 25% progression, died in committee
Action: 2020-01-08 - REFERRED TO INSURANCE
Pending: Senate Insurance Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Requires the terms and conditions of any individual life insurance policy loan to be in writing, be signed by the insured and the agent and contain a signed statement that the agent has explained the terms to the policyholder.

Tracking Information

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Title

Requires the terms and conditions of any individual life insurance policy loan to be in writing, be signed by the insured and the agent and contain a signed statement that the agent has explained the terms to the policyholder.

Sponsors


History

DateChamberAction
2020-01-08SenateREFERRED TO INSURANCE
2019-04-24SenateREFERRED TO INSURANCE

Same As/Similar To

A04536 (Same As) 2020-01-08 - referred to insurance

New York State Sources


Bill Comments

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