McMillan Bill Bans Banks From Insurance Business
A consumer protection bill by Rep. Colin R. McMillan bans banks savings and loan firms and bank holding companies from entering the insurance business. The measure, already passed by both houses, targets non federal lenders and aims to curb loan access tied to insurance purchases.
MENTIONED IN THIS ARTICLE
Ciel Lonon
Colin R. McMillan
R-Chaves- DeBaca
House
Senate
Savings and Loan Associations
Rep. McMillan
McMillan Bill Survives to Heat Up State Insurance Scrutiny
The measure allows continued sale of insurance linked to loans such as credit life and mortgage guarantees but places these programs under the state Insurance Department. It faced fierce House opposition and a tough Senate journey, passing only after late maneuvering amid opposition from Dunn Wood and bankers.
MENTIONED IN THIS ARTICLE
McMillan
Credit Life
Credit Health and Disability
State Insurance Department
Savings and Loan Organizations
House of Representatives
Senate Public Affairs Committee
Ray Leger
San Juan-Guadalupe- DeBaca
Senate Finance Comar
Aubrey L. Dunn
D-Otero
Bob E. Wood
D-Roosevelt-Chaves
Portales
Savings and Loan
Frank Andrews
New Mexico Bankers Association
Ex-candidate found guilty on animal cruelty charges
Former mayoral and Roswell School Board candidate Joseph J. Mundzak, 60, was found guilty on seven counts of cruelty to animals. He received six months probation per conviction, totaling 42 months, and must reimburse hospital and shelter costs while not owning any animals during probation. The trial involved witnesses from the Roswell Humane Society, Roswell Animal Shelter, and Roswell Police Department.
MENTIONED IN THIS ARTICLE
Roswell School Board
Joseph J. Mundzak
Virginia Ave
John McLemore
Undzak
Roswell Humane Society
Roswell Animal Shelter
Roswell
Also Mentioned on This Page
America
Kvuvde. Exterminator CO
American
Utomath
Eer
Corral
SHELL
Ward Mulch
Servate
Mountain States Pecan Company
N.V. West Country Club
F.e.t
Wards
A&c
West McGaffey
Vmaontcoovae
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