Bill Text | History of Actions | Background | Title |
Description: Surplus lines insurance; authorize certain nonresident agents to place.
Bill Text: [Introduced] [Passed House]
| 1 | 02/01/00 | (H) | Referred To Insurance | |
| 2 | 02/23/00 | (H) | Title Suff Do Pass | |
| 3 | 03/01/00 | (H) | Passed | |
| 4 | 03/03/00 | (H) | Transmitted To Senate | |
| 5 | 03/06/00 | (S) | Referred To Insurance | |
| 6 | 04/04/00 | (S) | Died In Committee |
| Effective date | July 1, 2000 | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| 3/5ths vote required | Yes |
House Committee:
Senate Committee:
Principal Author: Stevens
Additional Authors: Chism, Coleman (65th), Dickson, Eads, Formby, Ketchings, Montgomery (74th), Robinson (84th), Robinson (63rd), Simpson
Code Sections: A 083-0021-0019, A 083-0021-0023
Title: AN ACT TO AMEND SECTION 83-21-19, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT CERTAIN NONRESIDENT INSURANCE AGENTS MAY OBTAIN PRIVILEGE LICENSES FOR PLACING SURPLUS LINES INSURANCE IF THERE IS A RECIPROCAL AGREEMENT WITH THE NONRESIDENT AGENT'S STATE THAT ALLOWS MISSISSIPPI AGENTS TO PLACE SURPLUS LINES INSURANCE IN THAT STATE; TO CLARIFY AND BROADEN THE DISCLOSURE LANGUAGE REQUIRED TO APPEAR ON SURPLUS LINES POLICIES; TO AMEND SECTION 83-21-23, MISSISSIPPI CODE OF 1972, TO ELIMINATE THE REQUIREMENT THAT THE INSURED EXECUTE CERTAIN AFFIDAVITS FOR SURPLUS LINES INSURANCE; TO AUTHORIZE THE COMMISSIONER OF INSURANCE TO IMPOSE PENALTIES FOR AN AGENT'S NONCOMPLIANCE; AND FOR RELATED PURPOSES.
End Of Document
2000/html/History/HB/HB0653.htm