Bill Text | History of Actions | Background | Title |
Description: Real Estate Commission licensees; revise various regulatory laws.
Bill Text: [Introduced]
| 1 | 02/20 (S) Referred To Business and Financial Institutions | |
| 2 | 03/09 (S) Died In Committee |
| Effective date | July 1, 2004 | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| Vote type required | Majority |
Senate Committee:
Principal Author: Michel
Additional Authors: Hewes, Brown, King, Thames, Walley, Little, Doxey, Moffatt, Jackson (15th), Chaney, Morgan, Albritton, Flowers, Tollison, Nunnelee, Browning, Pickering, Kirby, Butler, White, Robertson, Hyde-Smith, Lee (35th)
Code Sections: A 073-0035-0016, A 073-0035-0021, A 073-0035-0011
Title: AN ACT TO AMEND SECTION 73-35-16, MISSISSIPPI CODE OF 1972, TO INCREASE THE MAXIMUM AMOUNT OF PREMIUM FOR THE ERRORS AND OMISSIONS INSURANCE PROGRAM OFFERED TO LICENSEES OF THE MISSISSIPPI REAL ESTATE COMMISSION; TO AMEND SECTION 73-35-21, MISSISSIPPI CODE OF 1972, TO CLARIFY THAT ASSOCIATE REAL ESTATE BROKERS OR SALESPERSONS MAY OWN ANY LAWFULLY CONSTITUTED BUSINESS ORGANIZATION FOR THE PURPOSE OF RECEIVING COMMISSIONS; TO AMEND SECTION 73-35-11, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT A COOPERATIVE AGREEMENT BETWEEN A MISSISSIPPI LICENSED REAL ESTATE BROKER AND BROKER LICENSED IN ANOTHER STATE DOES NOT AUTHORIZE ANY PERSON NOT LICENSED BY THE STATE OF MISSISSIPPI TO PERFORM ANY REAL ESTATE ACTIVITY; AND FOR RELATED PURPOSES.
End Of Document
2004/html/History/SB/SB2739.htm