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CA AB1004
Bill
Status
2/18/2011
Primary Sponsor
Curt Hagman
Click for details
AI Summary
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Requires the Conservation and Liquidation Office to report and publish all allowed claims on a quarterly basis through public court filings in pending liquidation proceedings
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Mandates the Conservation and Liquidation Office to contact claimants with written notice of determination including an estimated distribution timeline and an opt-out option for the reporting and publication process
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Requires the receiver, Commissioner, or Conservation and Liquidation Office to process assigned claims within 21 days upon receipt of notice that an allowed claim has been transferred to another party
Legislative Description
Insurance: Conservation and Liquidation Office:
Last Action
Died pursuant to Art. IV, Sec. 10(c) of the Constitution. From committee: Filed with the Chief Clerk pursuant to Joint Rule 56.
2/1/2012