CO HB1215

Defines "Federal Home Loan Bank" as an institution chartered under the Federal Home Loan Bank Act, 12 U.S.C. Section 1421 et seq.

Prohibits courts from issuing injunctions or stays that prevent Federal Home Loan Banks from enforcing rights regarding collateral pledged under security agreements or related pledge, collateral, guarantee, or credit enhancement agreements.

Prevents liquidators from disavowing, rejecting, or repudiating Federal Home Loan Bank security agreements and related arrangements.

Prohibits receivers from avoiding transfers or obligations under Federal Home Loan Bank security agreements, except transfers made with actual intent to defraud creditors.

Prevents liquidators and receivers from avoiding preferences arising under Federal Home Loan Bank security agreements and related arrangements.