CaliforniaFederal Home Loan Banks.
What it does
Existing law creates the Department of Insurance, headed by the Insurance Commissioner, and generally regulates the business of insurance in the state. Existing law generally regulates insolvency and delinquency proceedings for insurers.
More detail
This bill would prohibit a Federal Home Loan Bank (FHLB) from being stayed, enjoined, or prohibited from exercising or enforcing any right or cause of action against collateral pledged by an insurer-member or an FHLB insurer-member under any FHLB security agreement, as specified.
Existing law generally provides for the voiding of specified transfers during insolvency proceedings for insurers.
This bill would prohibit a receiver, rehabilitator, liquidator, or conservator from voiding any transfer of, or any obligation to transfer, money or other property arising under or in connection with any FHLB security agreement with an insurer-member unless the transfer was made with actual intent to hinder, delay, or defraud either existing or future creditors.
This bill would define terms for purposes of these provisions.
Where do you stand?
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Where it stands
- Introduced
- Passed Assembly
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Jul 16Chaptered by Secretary of State - Chapter 90, Statutes of 2026.Latest
- Jul 16Approved by the Governor Gavin Newsom.Became Law
- Jul 15Enrolled and presented to the Governor at 11:15 a.m.To Governor
- Jul 2In Assembly. Ordered to Engrossing and Enrolling.Minor
- Vote recorded Consent Calendar 2nd AB1781 Michelle Rodriguez. Result: pass.Upper
- Jul 2Read third time. Passed. Ordered to the Assembly. (Ayes 37. Noes 0. Page 5188.).Passed Senate
- Jun 25Read second time. Ordered to Consent Calendar.Minor
- Jun 24From committee: Do pass. To Consent Calendar. (Ayes 13. Noes 0.) (June 23).Minor
- Jun 23
- Vote recorded Do pass and be ordered to the Consent Calendar. Result: pass.Upper
- Jun 10From committee: Do pass and re-refer to Com. on JUD. with recommendation: To Consent Calendar. (Ayes 6. Noes 0.) (June 10). Re-referred to Com. on JUD.Minor
- Vote recorded Do pass, but first be re-referred to the Committee on [Judiciary] with the recommendation: To Consent Calendar. Result: pass.Upper
- May 6Referred to Coms. on INS. and JUD.Minor
- Apr 23In Senate. Read first time. To Com. on RLS. for assignment.Minor
- Vote recorded AB 1781 Michelle Rodriguez Consent Calendar Second Day. Result: pass.Lower
- Apr 23Read third time. Passed. Ordered to the Senate. (Ayes 74. Noes 0. Page 4795.)Passed Assembly
- Apr 16Read second time. Ordered to Consent Calendar.Minor
- Apr 15From committee: Do pass. To Consent Calendar. (Ayes 17. Noes 0.) (April 15).Minor
- Vote recorded Do pass. To Consent Calendar. Result: pass.Lower
- Mar 16Referred to Com. on INS.Minor
- Feb 10From printer. May be heard in committee March 12.
- Feb 9Read first time. To print.Introduced