History of Actions | Background | Title |
Description: Trustee; bank acting as may not invest trust funds in bank instruments without consent.
| 1 | 01/20/97 | (H) | Referred To Banks and Banking | |
| 2 | 02/04/97 | (H) | Died In Committee |
| Effective date | July 1, 1997 | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| 3/5ths vote required | No |
House Committee:
Principal Author: Guice
Code Sections: A 081-0005-0033, A 091-0009-0107, A 091-0013-0003, A 091-0013-0006
Title: AN ACT TO AMEND SECTIONS 81-5-33, 91-9-107, 91-13-3, 91-13-6, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT A BANK, SAVINGS AND LOAN ASSOCIATION OR SAVINGS BANK ACTING AS A TRUSTEE MAY NOT INVEST FUNDS OF THE TRUST IN ANY INVESTMENT ISSUED BY THE BANK, SAVINGS AND LOAN ASSOCIATION OR SAVINGS BANK ITSELF WITHOUT THE EXPRESS WRITTEN CONSENT OF THE BENEFICIARY OR BENEFICIARIES OF THE TRUST; AND FOR RELATED PURPOSES.
End Of Document
1997/History/HB\HB1462.htm