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]
1 | 02/21/00 | (S) | Referred To Business and Financial Institutions | |
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: 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.
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2000/html/History/SB/SB3122.htm