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2012 SESSION

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HB 1206 Preneed funeral contracts; requirements.

Introduced by: Thomas Davis Rust | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Requirements of preneed funeral contracts.  Eliminates the requirement that, in cases in which a life insurance or annuity contract is used to fund the contract, the insurance or annuity contract must provide for adjustment of the face value of the insurance or annuity or for a benefit payable at death that will equal or exceed the sum of all premiums paid for the contract plus interest or dividends.

FULL TEXT

• 01/19/12  House: Presented and ordered printed 12103299D  pdf

HISTORY

• 01/19/12  House: Presented and ordered printed 12103299D
• 01/19/12  House: Referred to Committee on Commerce and Labor
• 01/26/12  House: Assigned C & L sub: #1
• 02/07/12  House: Subcommittee recommends laying on the table by voice vote
• 02/14/12  House: Left in Commerce and Labor (0-Y 0-N)