Mississippi Legislature

1999 Regular Session

Senate Bill 2181

[Introduced]

Instructions Bill Status Menu




History of Actions

Background

Title

Description: Rural waterworks corporations; provide for the deposit of money and the security thereof.

History of Actions:

101/05/99(S)Referred To Business and Financial Institutions
202/02/99(S)Died In Committee

Background Information:

Effective dateJuly 1, 1999
DispositionDead
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
3/5ths vote requiredNo

Senate Committee:

Principal Author: Stogner

Title: AN ACT TO PROVIDE THAT ALL MONIES OF A RURAL WATERWORKS CORPORATION SHALL BE DEPOSITED IN ONE OR MORE BANKS OR TRUST COMPANIES AND, IF THE CORPORATION SHALL SO REQUIRE, EACH ACCOUNT SHALL BE CONTINUOUSLY SECURED BY A PLEDGE OF DIRECT OBLIGATIONS OF THE UNITED STATES OF AMERICA OR OF THE STATE OF MISSISSIPPI; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 02/02/99 at 17:10.



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