Bill Text | History of Actions | Background | Title |
Description: Mississippi Creditor-Placed Insurance Act; regulate the placement of auto liability insurance.
Bill Text: [Introduced]
1 | 01/17 (H) Referred To Insurance | |
2 | 02/01 (H) Died In Committee |
Effective date | July 1, 2005 | |
Disposition | Dead | |
Deadline | General Bill/Constitutional Amendment | |
Revenue | No | |
Vote type required | Majority |
House Committee:
Principal Author: Formby
Code Sections: A 083-0054-0005, A 083-0054-0009, A 083-0054-0019, A 083-0054-0025
Title: AN ACT TO AMEND SECTIONS 83-54-5, 83-54-9 AND 83-54-19, MISSISSIPPI CODE OF 1972, TO REGULATE THE PLACEMENT OF AUTO LIABILITY INSURANCE BY A CREDITOR PURSUANT TO A CREDIT AGREEMENT AS A RESULT OF THE DEBTOR'S FAILURE TO COMPLY WITH THE MOTOR VEHICLE SAFETY-RESPONSIBILITY LAW; TO AMEND SECTION 83-54-25, MISSISSIPPI CODE OF 1972, TO REVISE THE DISCLOSURE REQUIREMENTS A CREDITOR SHALL MAKE BEFORE PURCHASING THE INSURANCE; AND FOR RELATED PURPOSES.
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2005/html/History/HB/HB1454.htm