History of Actions | Background | Title |
Description: Small loan and auto sales finance licensees; no liability if follow applicable regulations.
| 1 | 01/10/97 | (H) | Referred To Banks and Banking;Judiciary A | |
| 2 | 02/04/97 | (H) | Died In Committee |
| Effective date | July 1, 1997 | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| 3/5ths vote required | No |
House Committees:
Principal Author: Guice
Code Sections: A 007-0005-0025, A 063-0019-0017, A 063-0019-0055, A 075-0067-0237
Title: AN ACT TO CREATE NEW CODE SECTIONS TO BE CODIFIED AS SECTIONS 63-19-57, 75-67-137 AND 75-67-245, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT LICENSEES UNDER THE MOTOR VEHICLE SALES FINANCE LAW, THE SMALL LOAN REGULATORY LAW AND THE SMALL LOAN PRIVILEGE TAX LAW SHALL NOT BE LIABLE FOR ANY ACT OR OMISSION IN CONFORMITY WITH ANY RULE OR REGULATION OF THE COMMISSIONER OF BANKING AND CONSUMER FINANCE OR ANY OTHER STATE OR FEDERAL AGENCY OR ANY OPINION OF THE ATTORNEY GENERAL; TO PROVIDE THAT SUCH LICENSEES, ACTING IN CONFORMITY WITH A WRITTEN INTERPRETATION OF A STATE OR FEDERAL AGENCY OR DEPARTMENT, SHALL BE PRESUMED TO HAVE ACTED IN ACCORDANCE WITH APPLICABLE LAW; TO AMEND SECTIONS 7-5-25, 63-19-17, 63-19-55 AND 75-67-237, MISSISSIPPI CODE OF 1972, IN CONFORMITY TO THE PROVISIONS OF THIS ACT; AND FOR RELATED PURPOSES.
End Of Document
1997/History/HB\HB0955.htm