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Annuities: cash surrender benefits.

It became law on Jul 15, 2015.

CA SB 426 · Senate Bill · 2015–2016

Stage
Became law
Started in
Senate
Sponsor
1
Latest action
Jul 15, 2015

What it does

Existing law governs annuities and, for those insurance contracts that provide cash surrender benefits, prescribes the cash surrender benefit available prior to maturity. Existing law also requires the death benefit under these contracts to be at least equal to the cash surrender benefit.

Read the full text

Where it stands

This bill passed and is now law.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    Jul 15, 2015

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

Where it goes next

Once a bill is decided, the questions are about what is done with it in California.

Work with this bill

Annuities: cash surrender benefits. | 52