HB 77 Credit life insurance; disclosure requirement.
R. Lee Ware, Jr. | all patrons    ...    notes
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Summary as passed House: (all summaries)
Credit life insurance disclosures. Requires that a debtor, when buying a credit life insurance policy paid in advance or by a single premium, shall be provided with a notice of his right to a refund if the insurance is terminated prior to its scheduled maturity or the insured indebtedness is terminated or paid off early. The same disclosure requirement currently exists for insurance contracts on a debtor paid by a single premium.

Full text:
12/30/09  House: Prefiled and ordered printed; offered 01/13/10 10102631D  pdf | impact statement
01/28/10  House: Committee substitute printed 10104296D-H1  pdf | impact statement
03/03/10  House: Bill text as passed House and Senate (HB77ER)  pdf | impact statement
04/07/10  Governor: Acts of Assembly Chapter text (CHAP0211)  pdf

Status:
12/30/09  House: Prefiled and ordered printed; offered 01/13/10 10102631D
12/30/09  House: Referred to Committee on Commerce and Labor
01/28/10  House: Reported from Commerce and Labor with substitute (22-Y 0-N)
01/28/10  House: Committee substitute printed 10104296D-H1
02/01/10  House: Read first time
02/02/10  House: Read second time
02/02/10  House: Committee substitute agreed to 10104296D-H1
02/02/10  House: Engrossed by House - committee substitute HB77H1
02/03/10  House: Read third time and passed House BLOCK VOTE (98-Y 0-N)
02/03/10  House: VOTE: BLOCK VOTE PASSAGE (98-Y 0-N)
02/04/10  Senate: Constitutional reading dispensed
02/04/10  Senate: Referred to Committee on Commerce and Labor
02/22/10  Senate: Reported from Commerce and Labor (14-Y 0-N)
02/24/10  Senate: Constitutional reading dispensed (40-Y 0-N)
02/25/10  Senate: Read third time
02/25/10  Senate: Passed Senate (40-Y 0-N)
03/03/10  House: Enrolled
03/03/10  House: Bill text as passed House and Senate (HB77ER)
03/03/10  House: Signed by Speaker
03/06/10  Senate: Signed by President
04/07/10  Governor: Approved by Governor-Chapter 211 (effective 7/1/10)
04/07/10  Governor: Acts of Assembly Chapter text (CHAP0211)