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A03385 Summary:
| BILL NO | A03385 |
| SAME AS | SAME AS S05698 |
| SPONSOR | Cook (MS) |
| COSPNSR | Peoples-Stokes, Gottfried, Hyndman, Taylor, Sayegh, Williams, Steck, Niou |
| MLTSPNSR | Buttenschon, Davila, Griffin, Simon |
| Amd §3203, Ins L | |
| Requires the terms and conditions of any individual life insurance policy loan to be in writing, be signed by the insured and the agent and contain a signed statement that the agent has explained the terms to the policyholder. | |