Mississippi Legislature

1997 Regular Session

House Bill 1409

[Introduced] [Passed House] [Sent to Governor]

Instructions Bill Status Menu





History of Actions

Background

Title

Description: Banks; delete from parity provision references to insurance activities of banks.

History of Actions:

101/20/97(H)Referred To Banks and Banking
201/22/97(H)Title Suff Do Pass
301/28/97(H)Amended
401/28/97(H)Passed As Amended
501/30/97(H)Transmitted To Senate
601/31/97(S)Referred To Business and Financial Institutions
702/20/97(S)Title Suff Do Pass
802/26/97(S)Passed
902/27/97(S)Transmitted To House
1003/03/97(H)Enrolled Bill Signed
1103/04/97(S)Enrolled Bill Signed
1203/04/97Due From Governor 03/10/97
1303/10/97Approved by Governor

Background Information:

Effective dateJuly 1, 1997
DispositionLaw
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
3/5ths vote requiredNo
Chapter number305

House Committee:

Senate Committee:

Principal Author: Guice

Code Section: A 081-0005-0001

Title: AN ACT TO AMEND SECTION 81-5-1, MISSISSIPPI CODE OF 1972, TO DELETE THE PROVISION WHICH PROVIDES THAT INSURANCE ACTIVITIES OF BANKS SHALL BE GOVERNED BY STATE INSURANCE LAWS EXCEPT WITH REGARD TO THE SALE OF ANNUITIES IF NATIONAL BANKS IN MISSISSIPPI ENGAGE IN SUCH ACTIVITY; TO PROVIDE THAT INSURANCE ACTIVITIES OF ALL BANKS DOING BUSINESS IN THE STATE SHALL BE GOVERNED BY THE STATE INSURANCE LAWS ONLY TO THE EXTENT THAT THOSE LAWS APPLY TO NATIONAL BANKS IN MISSISSIPPI; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 03/10/97 at 15:26.



End Of Document

1997/History/HB\HB1409.htm