MISSISSIPPI LEGISLATURE

1997 Regular Session

To: Insurance

By: Representative Montgomery

AN ACT TO REPEAL SECTION 83-5-27, MISSISSIPPI CODE OF 1972, WHICH PROHIBITS INSURERS FROM MAKING AVAILABLE CERTAIN INSURANCE POLICIES WITH PREFERRED RATES OR PREMIUMS BASED UPON ANY FICTITIOUS GROUPING; AND FOR RELATED PURPOSES. 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI:

SECTION 1. Section 83-5-27, Mississippi Code of 1972, which prohibits insurers from making available certain insurance policies with preferred rates or premiums based upon any fictitious grouping, is repealed.

SECTION 2. This act shall take effect and be in force from and after July 1, 1997.