Bill Text | History of Actions | Background | Title |
Description: Premium finance companies; revise content of agreement and amount of refund due after prepayment.
Bill Text: [Introduced]
| 1 | 02/04 (H) Referred To Banking and Financial Services | |
| 2 | 03/09 (H) Died In Committee |
| Effective date | Passage | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| Vote type required | Majority |
House Committee:
Principal Author: Guice
Code Sections: A 081-0021-0013, A 081-0021-0015, A 081-0021-0021
Title: AN ACT TO AMEND SECTION 81-21-13, MISSISSIPPI CODE OF 1972, TO REVISE THE CONTENTS OF A PREMIUM FINANCE AGREEMENT; TO AMEND SECTION 81-21-15, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT AN INSURED SHALL RECEIVE A REFUND OF THE UNEARNED FINANCE CHARGE UPON CANCELLATION OF THE CONTRACT; TO AMEND SECTION 81-21-21, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT THE PREMIUM FINANCE COMPANY SHALL RETURN UNEARNED PREMIUMS TO THE ACCOUNT OF THE INSURED WHENEVER A FINANCED INSURANCE CONTRACT IS CANCELLED; AND FOR RELATED PURPOSES.
End Of Document
2004/html/History/HB/HB0784.htm