DIGEST The digest printed below was prepared by House Legislative Services. It constitutes no part of the legislative instrument. The keyword, one-liner, abstract, and digest do not constitute part of the law or proof or indicia of legislative intent. [R.S. 1:13(B) and 24:177(E)] HB 213 Original 2022 Regular Session Gregory Miller Abstract: Provides for the automatic revocation of certain beneficiary designations for retirement accounts and life insurance policies upon divorce. Proposed law (R.S. 9:2449.1) provides for the automatic revocation of any benefit payable to a former spouse if the parties were divorced after the beneficiary is designated, they remain divorced at the time of a party's death, and no agreement expressly provides otherwise. Proposed law also provides a limitation of liability for a payor who does not have actual knowledge of the divorce and who makes payment in good faith. Proposed law (R.S. 22:911.1) provides for the automatic revocation of any benefit payable to a former spouse in a life insurance policy if the parties were divorced after the beneficiary is designated, they remain divorced at the time of a party's death, and no agreement expressly provides otherwise. Proposed law also provides a limitation of liability for a payor who does not have actual knowledge of the divorce and who makes payment in good faith. (Adds R.S. 9:2449.1 and R.S. 22:911.1)