Bill Text | History of Actions | Background | Title |
Description: Larger fraternal benefit societies; provide solvency standard.
Bill Text: [Introduced]
| 1 | 01/10 (H) Referred To Insurance | |
| 2 | 02/04 (H) Died In Committee |
| Effective date | July 1, 2003 | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| Vote type required | Majority |
House Committee:
Principal Author: Stevens
Additional Authors: Chism, Dedeaux, Eads, Formby, Ketchings, Masterson, Montgomery (74th), Robinson (63rd), Robinson (84th), Simpson
Code Section: A 083-0030-0051
Title: AN ACT TO AMEND SECTION 83-30-51, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT A LARGER FRATERNAL BENEFIT SOCIETY SHALL BE HELD TO BE LEGALLY SOLVENT AS LONG AS THE FUNDS BELONGING TO THE SOCIETY ARE EQUAL TO OR IN EXCESS OF ITS MATURED LIABILITIES; AND FOR RELATED PURPOSES.
End Of Document
2003/html/History/HB/HB0695.htm