Mississippi Legislature

2000 Regular Session

Senate Bill 3122

Instructions Bill Status Menu




Bill Text

History of Actions

Background

Title

Description: Small Loan Regulatory Law; licensees may charge borrowers for credit life and noncredit term premiums.

Bill Text: [Introduced]

History of Actions:

102/21/00(S)Referred To Business and Financial Institutions
203/07/00(S)Died In Committee

Background Information:

Effective dateJuly 1, 2000
DispositionDead
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
3/5ths vote requiredNo

Senate Committee:

Principal Author: Dearing

Code Section: A 075-0067-0121

Title: AN ACT TO AMEND SECTION 75-67-121, MISSISSIPPI CODE OF 1972, TO AUTHORIZE LICENSEES UNDER THE SMALL LOAN REGULATORY LAW TO CHARGE BORROWERS FOR BOTH CREDIT LIFE INSURANCE AND NONCREDIT TERM LIFE INSURANCE AS PART OF THE SAME UNDERLYING LOAN UNDER CERTAIN CIRCUMSTANCES; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 03/07/00 at 17:42.



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