Introduced
by
To establish that a trustee of a trust has an “insurable interest” in the life of an individual insured under a life insurance policy owned by the trustee acting in a fiduciary capacity for the trust, given certain conditions specified in the bill.
Referred to the Committee on Judiciary
Amendment offered
With the recommendation that the bill pass.
Consideration postponed
Passed in the Senate 38 to 0 (details)
Referred to the Committee on Insurance
