THE SENATE
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COMMITTEE ON COMMERCE, CONSUMER PROTECTION, AND AFFORDABLE HOUSING |
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Senator Russell S. Kokubun, Chair |
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Senator David Y. Ige, Vice Chair |
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DATE: |
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TIME: |
9:00 a.m. |
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PLACE: |
Conference Room 229 State Capitol 415 South Beretania Street |
DECISION MAKING ON THE FOLLOWING MEASURE(S):
(Deferred from Tuesday, March 11, 2008)
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RELATING TO INSURANCE. Enacts the Life Settlements Model Act, which establishes consumer protections in life settlement transactions where the owner of a life insurance policy transfers the death benefit for compensation that is less than the expected death benefit, but more than the surrender value of the policy. (HB94 HD1)
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CPH, WAM |
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RELATING TO CONDOMINIUMS. Allows condominium associations to invest funds in certificates of deposit through the Certificate of Deposit Account Registry Service network.
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CPH |
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No testimony will be accepted.
FOR FURTHER INFORMATION, PLEASE CALL THE COMMITTEE CLERK AT 808-586-6760.