Mississippi Legislature
2001 Regular Session

House Bill 721

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Bill Text

History of Actions

Background

Title

Description: Preneed Cemetery and Funeral Registration Act; create.

Bill Text: [Introduced] [Committee Substitute]

History of Actions:

1 01/09 (H) Referred To Insurance
2 01/24 (H) Title Suff Do Pass Comm Sub
3 01/31 (H) Committee Substitute Adopted
4 01/31 (H) Tabled Subject To Call
5 02/08 (H) Died On Calendar

Background Information:

Effective dateJuly 1, 2001
DispositionDead
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
Vote type requiredThree/Fifths

House Committee:

Principal Author: Stevens

Additional Author: Montgomery (74th)

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 "PRENEED CEMETERY AND FUNERAL REGISTRATION ACT"; TO DEFINE CERTAIN TERMS; TO REQUIRE ALL PRENEED CONTRACTS SOLD TO BE EVIDENCED IN WRITING ON FORMS REGISTERED WITH THE SECRETARY OF STATE; TO PRESCRIBE THE CONTENTS OF SUCH WRITTEN PRENEED CONTRACT; TO PROVIDE FOR RECORD-KEEPING REQUIREMENTS; TO PROVIDE TRUSTING REQUIREMENTS IF THE PRENEED CONTRACT IS FUNDED BY A TRUST; TO PROVIDE CERTAIN REQUIREMENTS IF THE PRENEED CONTRACT IS FUNDED BY INSURANCE; TO REQUIRE REGISTRATION OF ALL PERSONS AND ESTABLISHMENTS SELLING PRENEED CONTRACTS; TO PROVIDE REPORTING REQUIREMENTS TO THE SECRETARY OF STATE; TO AUTHORIZE EXAMINATIONS OF THE BOOKS AND RECORDS OF REGISTERED 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 PROVIDE THAT THE SECRETARY OF STATE SHALL REPORT CERTAIN VIOLATIONS TO THE INSURANCE INTEGRITY ENFORCEMENT BUREAU; 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 PRENEED SALES OF CEMETERY MERCHANDISE AND FUNERAL SERVICES; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 02/08/01 at 11:50.

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