Provides for establishment of child support lien against life insurance proceeds; requires insurers perform child support judgment search.
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Overview
This bill aims to ensure that child support debts are paid even when individuals have life insurance policies or annuity contracts. It requires insurers to perform searches for outstanding child support judgments against policyholders or beneficiaries. If a judgment is found, a lien will be placed on the insurance proceeds, preventing them from being distributed until the child support debt is satisfied. The bill also updates existing statutes related to life insurance and annuity benefits to incorporate these new requirements.
Bill text
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3 on record
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