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A05393 Summary:

BILL NOA05393
 
SAME ASSAME AS S02596
 
SPONSORCook (MS)
 
COSPNSRPeoples-Stokes, Hyndman, Taylor, Sayegh, Williams, Steck
 
MLTSPNSRButtenschon, Davila, Simon
 
Amd §3203, Ins L
 
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.
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