NY S05698 | 2021-2022 | General Assembly
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on March 16 2021 - 25% progression, died in committee
Action: 2022-01-05 - REFERRED TO INSURANCE
Pending: Senate Insurance Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on March 16 2021 - 25% progression, died in committee
Action: 2022-01-05 - 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.
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
| Date | Chamber | Action |
|---|---|---|
| 2022-01-05 | Senate | REFERRED TO INSURANCE |
| 2021-03-16 | Senate | REFERRED TO INSURANCE |
Same As/Similar To
A03385 (Same As) 2022-01-05 - referred to insurance
