Mississippi Legislature
2001 Regular Session

House Bill 644

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Bill Text

History of Actions

Background

Title

Description: Insurance regulations; revise.

Bill Text: [Introduced] [Passed House] [Sent to Governor]

History of Actions:

1 01/08 (H) Referred To Insurance
2 01/10 (H) Title Suff Do Pass
3 01/16 (H) Passed
4 01/17 (H) Transmitted To Senate
5 01/18 (S) Referred To Insurance
6 02/15 (S) Title Suff Do Pass
7 03/05 (S) Passed
8 03/06 (S) Transmitted To House
9 03/07 (H) Enrolled Bill Signed
10 03/07 (S) Enrolled Bill Signed
11 03/13 Approved by Governor

Background Information:

Effective dateJuly 1, 2001
DispositionLaw
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
Vote type requiredMajority
Chapter number433

House Committee:

Senate Committee:

Principal Author: Stevens

Code Sections: A 083-0005-0055, A 083-0015-0005, A 083-0017-0007, A 083-0029-0031

Title: AN ACT TO AMEND SECTION 83-5-55, MISSISSIPPI CODE OF 1972, TO DELETE THE PROVISION REQUIRING LIFE INSURANCE COMPANIES TO FILE WITH THE COMMISSIONER OF INSURANCE A REPORT SHOWING THE AMOUNT OF MISSISSIPPI RESERVES; TO AMEND SECTION 83-15-5, MISSISSIPPI CODE OF 1972, TO REQUIRE TITLE INSURANCE COMPANIES TO DEPOSIT WITH THE STATE TREASURER A CERTAIN PERCENTAGE OF THEIR CAPITAL STOCK; TO AMEND SECTION 83-17-7, MISSISSIPPI CODE OF 1972, TO EXTEND THE DATE OF THE REPEALER ON THE PROVISION OF LAW WHICH PROHIBITS COMMISSIONS TO UNAUTHORIZED AGENTS AND AUTHORIZES REFERRAL FEES TO CERTAIN UNLICENSED EMPLOYEES OF THE AGENT, AGENCY OR AFFILIATE; TO AMEND SECTION 83-29-31, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT LEGAL PROCESSES SERVED UPON THE COMMISSIONER OF INSURANCE AS ATTORNEY FOR FRATERNAL SOCIETIES SHALL BE FORWARDED TO FRATERNAL SOCIETIES BY CERTIFIED MAIL INSTEAD OF REGISTERED MAIL; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 03/14/01 at 00:01.

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