CA AB1781

Prohibits Federal Home Loan Banks from being stayed, enjoined, or prevented from exercising rights or enforcing claims against collateral pledged by insurer-members under FHLB security agreements during insurer insolvency or delinquency proceedings

Prevents receivers, rehabilitators, liquidators, or conservators from voiding transfers of money or property arising under FHLB security agreements with insurer-members, unless the transfer was made with actual intent to defraud creditors

Adds definitions for "Federal Home Loan Bank" (institutions established under the Federal Home Loan Bank Act, 12 U.S.C. Sec. 1421 et seq.) and "insurer-member" (an insurer that is a member of a Federal Home Loan Bank) across multiple sections of the Insurance Code

Amends Sections 1010, 1063.1, 1063.6, 1064.1, 1064.9, 1067.04, and 1067.16 of the Insurance Code and adds Section 1036.5 to implement these protections for Federal Home Loan Banks