Bill Text | History of Actions | Background | Title |
Description: Pawnshops; revise various provisions of licensure law.
Bill Text: [Introduced]
| 1 | 01/15 (H) Referred To Banks and Banking | |
| 2 | 01/30 (H) Died In Committee |
| Effective date | Passage | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| Vote type required | Three/Fifths |
House Committee:
Principal Author: Guice
Code Sections: A 075-0067-0303, A 075-0067-0321, A 075-0067-0323, A 075-0067-0333, A 075-0067-0341, A 075-0067-0305
Title: AN ACT TO AMEND SECTION 75-67-303, MISSISSIPPI CODE OF 1972, TO DEFINE THE TERMS "RECORDS/DOCUMENTS" FOR THE PURPOSES OF THE PAWNSHOP LICENSURE ACT; TO AMEND SECTION 75-67-321, MISSISSIPPI CODE OF 1972, TO REVISE THE FEE FOR A PAWNSHOP LICENSE; TO AMEND SECTION 75-67-323, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT THE INITIAL APPLICATION AND BOND FOR A PAWNSHOP LICENSE SHALL BE FILED WITH THE COMMISSIONER OF BANKING, INSTEAD OF THE LOCAL AUTHORITIES; TO REQUIRE A CERTAIN SIGN TO BE DISPLAYED AT THE PAWNSHOP'S PLACE OF BUSINESS; TO AMEND SECTION 75-67-333, MISSISSIPPI CODE OF 1972, TO PROVIDE THE COMMISSIONER OF BANKING SHALL PROVIDE NOTICE AND HEARING BEFORE IMPOSING A CIVIL PENALTY FOR VIOLATIONS OF THE PAWNSHOP LICENSURE ACT; TO AMEND SECTION 75-67-341, MISSISSIPPI CODE OF 1972, TO AUTHORIZE THE COMMISSIONER OF BANKING TO CHARGE PAWNSHOP LICENSEES AN EXAMINATION FEE; TO CREATE A NEW CODE SECTION TO BE CODIFIED WITHIN ARTICLE 7 OF CHAPTER 67 OF TITLE 75, MISSISSIPPI CODE OF 1972, TO AUTHORIZE THE COMMISSIONER OF BANKING TO EXAMINE PERSONS REASONABLY SUSPECTED OF CONDUCTING BUSINESS WHICH REQUIRES A PAWNSHOP LICENSE; TO AMEND SECTION 75-67-305, MISSISSIPPI CODE OF 1972, TO REVISE THE RECORD-KEEPING REQUIREMENTS FOR PAWNSHOP TRANSACTIONS; AND FOR RELATED PURPOSES.
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