Mississippi Legislature
2005 Regular Session

Senate Bill 2816

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Bill Text

History of Actions

Background

Title

Description: Insurance agents; revise requirements for certificates of authority and penalties.

Bill Text: [Introduced]

History of Actions:

1 01/17 (S) Referred To Insurance
2 02/01 (S) Died In Committee

Background Information:

Effective dateJuly 1, 2005
DispositionDead
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
Vote type requiredThree/Fifths

Senate Committee:

Principal Author: Kirby

Code Sections: A 083-0017-0005, A 083-0017-0071, A 083-0017-0075, RP 083-0017-0043

Title: AN ACT TO AMEND SECTION 83-17-5, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT AN INSURANCE AGENT MUST OBTAIN AN AGENT'S CERTIFICATE OF AUTHORIZATION BUT NOT A CONTINUOUS CERTIFICATE OF AUTHORIZATION; TO AMEND SECTION 83-17-71, MISSISSIPPI CODE OF 1972, TO PROVIDE FOR PENALTIES ON INSURANCE AGENTS WHO KNOWINGLY ACCEPT INSURANCE BUSINESS FROM AN INDIVIDUAL WHO IS NOT LICENSED OR APPOINTED; TO AMEND SECTION 83-17-75, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT AN INSURANCE PRODUCER WHO IS NOT ACTING AS AN AGENT OF AN INSURER IS NOT REQUIRED TO BECOME APPOINTED; TO REPEAL SECTION 83-17-43, MISSISSIPPI CODE OF 1972, WHICH REQUIRES ALL INSURANCE SOLICITORS TO FILE WITH THE COMMISSIONER OF INSURANCE AN APPLICATION FOR CERTIFICATE OF APPOINTMENT AS SOLICITOR; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 02/01/05 at 18:21.

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