HB 1596 (Truly Agreed) Designates which financial institutions may hold certain assets not exclusively controlled by insurance companies
Current Bill Summary
- Prepared by Senate Research -

HB 1596 - This act requires securities and other related assets that are not exclusively controlled by an insurance company to be held only by business entities that are subject to regulation by the Securities and Exchange Commission, the Federal Reserve System, or other banking regulator.
STEPHEN WITTE

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