Bill Text | History of Actions | Background | Title |
Description: Larger fraternal benefit societies; revise regulatory laws.
Bill Text: [Introduced] [Committee Substitute] [Passed Senate] [Sent to Governor]
| 1 | 01/10 (S) Referred To Insurance | |
| 2 | 01/30 (S) Title Suff Do Pass Comm Sub | |
| 3 | 02/06 (S) Committee Substitute Adopted | |
| 4 | 02/06 (S) Passed | |
| 5 | 02/10 (S) Transmitted To House | |
| 6 | 02/10 (H) Referred To Insurance | |
| 7 | 02/26 (H) Title Suff Do Pass | |
| 8 | 02/27 (H) Passed | |
| 9 | 02/28 (H) Transmitted To Senate | |
| 10 | 03/03 (S) Enrolled Bill Signed | |
| 11 | 03/03 (H) Enrolled Bill Signed | |
| 12 | 03/07 Approved by Governor |
| Effective date | July 1, 2003 | |
| Disposition | Law | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| Vote type required | Majority | |
| Chapter number | 315 |
Senate Committee:
House Committee:
Principal Author: Kirby
Code Sections: A 083-0030-0057, A 083-0030-0069, A 083-0030-0051, A 083-0030-0053
Title: AN ACT TO AMEND SECTION 83-30-57, MISSISSIPPI CODE OF 1972, TO CLARIFY THAT FOREIGN OR ALIEN LARGER FRATERNAL BENEFIT SOCIETIES SHALL FILE WITH THE COMMISSIONER OF INSURANCE ITS CHARTER OR ARTICLES OF INCORPORATION; TO AMEND SECTION 83-30-69, MISSISSIPPI CODE OF 1972, TO REVISE THE METHOD AND FEE FOR SERVICE OF PROCESS UPON LARGER FRATERNAL BENEFIT SOCIETIES; 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; TO AMEND SECTION 83-30-53, MISSISSIPPI CODE OF 1972, TO REVISE THE LICENSE TERM OF LARGER FRATERNAL BENEFIT SOCIETIES AND TO CLARIFY THE FEES FOR SUCH LICENSE OR RENEWAL; AND FOR RELATED PURPOSES.
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2003/html/History/SB/SB2253.htm