Mississippi Legislature
2003 Regular Session

Senate Bill 2551

Main Menu


Bill Text

History of Actions

Background

Title

Description: Life insurance; required interest to be paid from date of death.

Bill Text: [Introduced]

History of Actions:

1 01/20 (S) Referred To Insurance
2 02/04 (S) Died In Committee

Background Information:

Effective datePassage
DispositionDead
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
Vote type requiredMajority

Senate Committee:

Principal Author: Kirby

Title: AN ACT TO PROVIDE THAT THE PROCEEDS OF A LIFE INSURANCE POLICY BECOME DUE AS OF THE DATE OF THE DEATH OF THE INSURED; TO REQUIRE INSURERS ADMITTED TO TRANSACT LIFE INSURANCE IN THIS STATE TO PAY INTEREST ON PROCEEDS OF CERTAIN LIFE INSURANCE POLICIES; TO PROVIDE THAT SUCH INTEREST SHALL BE COMPUTED FROM THE INSURED'S DEATH UNTIL THE DATE OF PAYMENT; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 02/04/03 at 18:13.

End Of Document
2003/html/History/SB/SB2551.htm