Mississippi Legislature

1999 Regular Session

Senate Bill 2575

[Introduced]

Instructions Bill Status Menu




History of Actions

Background

Title

Description: Life and health insurance guaranty association laws; revise.

History of Actions:

101/14/99(S)Referred To Insurance;Judiciary
201/29/99(S)DR - TSDP: IN To JU
302/02/99(S)Died In Committee

Background Information:

Effective datePassage
DispositionDead
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
3/5ths vote requiredNo

Senate Committees:

Principal Author: Kirby

Code Sections: A 083-0023-0205, A 083-0023-0207, A 083-0023-0209, A 083-0023-0211, A 083-0023-0215, A 083-0023-0217, A 083-0023-0221, A 083-0023-0223, A 083-0023-0225, A 083-0023-0235

Title: AN ACT TO AMEND SECTION 83-23-205, MISSISSIPPI CODE OF 1972, TO CLARIFY THE COVERAGES PROVIDED UNDER THE MISSISSIPPI LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION ACT; TO AMEND SECTION 83-23-207, MISSISSIPPI CODE OF 1972, TO CLARIFY THE CONSTRUCTION OF THE ACT; TO AMEND SECTION 83-23-209, MISSISSIPPI CODE OF 1972, TO REVISE THE DEFINITION OF CERTAIN TERMS; TO AMEND SECTION 83-23-211, MISSISSIPPI CODE OF 1972, TO CLARIFY THE ANNUITY CONTRACTS INCLUDED IN THE ANNUITY ACCOUNT MAINTAINED BY THE ASSOCIATION; TO AMEND SECTION 83-23-215, MISSISSIPPI CODE OF 1972, TO REVISE THE POWERS OF THE ASSOCIATION; TO AMEND SECTION 83-23-217, MISSISSIPPI CODE OF 1972, TO REVISE THE MANNER IN WHICH ASSESSMENTS AGAINST MEMBER INSURERS SHALL BE MADE; TO AMEND SECTION 83-23-221, MISSISSIPPI CODE OF 1972, IN CONFORMITY THERETO; TO AMEND SECTION 83-23-223, MISSISSIPPI CODE OF 1972, TO REVISE CERTAIN ACTIONS WHICH MAY BE TAKEN BY THE BOARD OF DIRECTORS TO PROVIDE AID IN THE DETECTION AND PREVENTION OF INSURER INSOLVENCIES OR IMPAIRMENTS; TO AMEND SECTION 83-23-225, MISSISSIPPI CODE OF 1972, TO AUTHORIZE THE ASSOCIATION TO APPLY TO RECEIVERSHIP COURT TO RECEIVE DISBURSEMENT OF ASSETS; TO AMEND SECTION 83-23-235, MISSISSIPPI CODE OF 1972, TO PROVIDE FOR A SUMMARY DOCUMENT DESCRIBING THE GENERAL PURPOSES AND CURRENT LIMITATIONS OF THE ASSOCIATION; AND FOR RELATED PURPOSES.


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



End Of Document

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