Bill Text | History of Actions | Background | Title |
Description: Pre-need Cemetery and Funeral Consumer Protection Act; create.
Bill Text: [Introduced]
| 1 | 01/13/00 | (S) | Referred To Insurance | |
| 2 | 03/07/00 | (S) | Died In Committee |
| Effective date | July 1, 2000 | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| 3/5ths vote required | No |
Senate Committee:
Principal Author: Browning
Code Sections: RP 075-0063-0001, RP 075-0063-0003, RP 075-0063-0005, RP 075-0063-0007, RP 075-0063-0009, RP 075-0063-0011, RP 075-0063-0013, RP 075-0063-0015, RP 075-0063-0017, RP 075-0063-0018, RP 075-0063-0019, RP 075-0063-0021, RP 075-0063-0023
Title: AN ACT TO CREATE THE "PRE-NEED CEMETERY AND FUNERAL CONSUMER PROTECTION ACT"; TO DEFINE CERTAIN TERMS; TO REQUIRE ALL PRE-NEED FUNERAL CONTRACTS SOLD TO BE EVIDENCED IN WRITING ON FORMS REGISTERED WITH THE COMMISSIONER OF BANKING AND CONSUMER FINANCE; TO PRESCRIBE THE CONTENTS OF SUCH WRITTEN PRE-NEED CONTRACT; TO PROVIDE FOR RECORD-KEEPING REQUIREMENTS; TO PROVIDE TRUSTING REQUIREMENTS IF THE PRE-NEED CONTRACT IS FUNDED BY A TRUST; TO PROVIDE CERTAIN REQUIREMENTS IF THE PRE-NEED CONTRACT IS FUNDED BY INSURANCE; TO REQUIRE LICENSURE OF ALL PERSONS AND ESTABLISHMENTS SELLING PRE-NEED FUNERAL CONTRACTS; TO PROVIDE REPORTING REQUIREMENTS TO THE COMMISSIONER OF BANKING AND CONSUMER FINANCE; TO AUTHORIZE EXAMINATIONS OF THE BOOKS AND RECORDS OF LICENSED ESTABLISHMENTS; TO PROVIDE CIVIL AND CRIMINAL PENALTIES FOR VIOLATIONS OF THIS ACT; TO CLARIFY THAT NOTHING IN THE ACT SHALL BE CONSTRUED TO AUTHORIZE THE SALE OF LIFE INSURANCE POLICIES BY UNLICENSED AGENTS; TO REPEAL SECTIONS 75-63-1, 75-63-3, 75-63-5, 75-63-7, 75-63-9, 75-63-11, 75-63-13, 75-63-15, 75-63-17, 75-63-18, 75-63-19, 75-63-21 AND 75-63-23, MISSISSIPPI CODE OF 1972, WHICH REGULATE THE PRE-NEED SALES OF CEMETERY MERCHANDISE AND FUNERAL SERVICES; AND FOR RELATED PURPOSES.
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2000/html/History/SB/SB2152.htm