Mississippi Legislature
2003 Regular Session

Senate Bill 2559

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Bill Text

History of Actions

Background

Title

Description: MS Mortgage Consumer Protection Law; revise exemptions, examination fee, definition of "loan originator."

Bill Text: [Introduced]

History of Actions:

1 01/20 (S) Referred To Business and Financial Institutions
2 02/04 (S) Died In Committee

Background Information:

Effective dateJuly 1, 2003
DispositionDead
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
Vote type requiredThree/Fifths

Senate Committee:

Principal Author: Mettetal

Code Sections: A 081-0018-0003, A 081-0018-0005, A 081-0018-0021

Title: AN ACT TO AMEND SECTION 81-18-3, MISSISSIPPI CODE OF 1972, TO REVISE THE DEFINITION OF THE TERM "LOAN ORIGINATOR" AS USED IN THE MISSISSIPPI MORTGAGE CONSUMER PROTECTION LAW; TO AMEND SECTION 81-18-5, MISSISSIPPI CODE OF 1972, TO REVISE THE EXEMPTIONS TO THE MISSISSIPPI MORTGAGE CONSUMER PROTECTION LAW; TO AMEND SECTION 81-18-21, MISSISSIPPI CODE OF 1972, TO REVISE THE AMOUNT OF THE EXAMINATION FEE WHICH MAY BE CHARGED BY THE COMMISSIONER OF BANKING AND CONSUMER FINANCE FOR EXAMINING THE RECORDS OF A MORTGAGE COMPANY; AND FOR RELATED PURPOSES.


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

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