MISSISSIPPI LEGISLATURE

2000 Regular Session

To: Banks and Banking

By: Representative Clark

House Bill 40

AN ACT TO REPEAL SECTIONS 75-67-501 THROUGH 75-67-539, MISSISSIPPI CODE OF 1972, WHICH PROVIDE FOR THE LICENSURE AND REGULATION OF CHECK CASHERS BY THE COMMISSIONER OF BANKING AND CONSUMER FINANCE; AND FOR RELATED PURPOSES.

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

SECTION 1. Sections 75-67-501, 75-67-503, 75-67-505, 75-67-507, 75-67-509, 75-67-511, 75-67-513, 75-67-515, 75-67-517, 75-67-519, 75-67-521, 75-67-523, 75-67-525, 75-67-527, 75-67-529, 75-67-531, 75-67-533, 75-67-535, 75-67-537 and 75-67-539, Mississippi Code of 1972, which provide for the licensure and regulation of check cashers by the Commissioner of Banking and Consumer Finance, are repealed.

SECTION 2. This act shall take effect and be in force from and after July 1, 2000.