HB44:
Life insurance; decreases the minimum nonforfeiture amount interest rate.
Bill Summary:
Standard nonforfeiture provisions for life insurance;
minimum nonforfeiture amounts; interest rates. Decreases the
minimum nonforfeiture amount interest rate from one percent to 0.15
percent.
Bill Patron: Ware
Last Action(s):
(House) Enrolled Bill communicated to Governor on March 22, 2022 March 22, 2022
(Senate) Signed by President March 8, 2022
(Governor) Acts of Assembly Chapter text (CHAP0176)
Bill Status:
Passed House
Passed Senate
Approved