MISSISSIPPI LEGISLATURE

1998 Regular Session

To: Insurance

By: Representatives Ryan (By Request), Wallace

House Bill 890

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making available certain insurance policies with preferred rates or premiums based upon any fictitious grouping, is repealed.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, 1998.