Description: Banks; delete from parity provision references to insurance activities of banks.
History of Actions:
|1||01/20/97||(H)||Referred To Banks and Banking|
|2||02/04/97||(H)||Died In Committee|
|Effective date||July 1, 1997|
|Deadline||General Bill/Constitutional Amendment|
|3/5ths vote required||No|
Principal Author: Chaney
Code Section: A 081-0005-0001
Title: AN ACT TO AMEND SECTION 81-5-1, MISSISSIPPI CODE OF 1972, TO DELETE THE PROVISION WHICH PROVIDES THAT INSURANCE ACTIVITIES OF BANKS SHALL BE GOVERNED BY STATE INSURANCE LAWS EXCEPT WITH REGARD TO THE SALE OF ANNUITIES IF NATIONAL BANKS IN MISSISSIPPI ENGAGE IN SUCH ACTIVITY; AND FOR RELATED PURPOSES.
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