Mississippi Legislature

1999 Regular Session

House Bill 46

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

Instructions Bill Status Menu




History of Actions

Amendments

Background

Title

Description: Domestic insurance companies; prohibit from making certain loans to any stockholder, officer or director of the company.

History of Actions:

101/05/99(H)Referred To Insurance
201/20/99(H)Title Suff Do Pass
301/27/99(H)Passed
401/28/99(H)Transmitted To Senate
502/01/99(S)Referred To Insurance
602/19/99(S)Title Suff Do Pass As Amended
703/03/99(S)Amended
803/03/99(S)Passed As Amended
903/04/99(S)Returned For Concurrence
1003/17/99(H)Concurred in Amend From Senate
1103/22/99(H)Enrolled Bill Signed
1203/23/99(S)Enrolled Bill Signed
1303/29/99Approved by Governor

Amendments:

Adopted [S] Amendment No 1

Background Information:

Effective dateJuly 1, 1999
DispositionLaw
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
3/5ths vote requiredNo
Chapter number475

House Committee:

Senate Committee:

Principal Author: Stevens

Code Sections: A 083-0019-0051, A 083-0019-0031

Title: AN ACT TO AMEND SECTION 83-19-51, MISSISSIPPI CODE OF 1972, TO PROHIBIT A DOMESTIC INSURANCE COMPANY FROM LOANING CERTAIN FUNDS OR INVESTMENTS TO ANY STOCKHOLDER, OFFICER OR DIRECTOR OF THE COMPANY; TO AMEND SECTION 83-19-31, MISSISSIPPI CODE OF 1972, IN CONFORMITY THERETO; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 04/06/99 at 00:00.



End Of Document

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