Mississippi Legislature
2005 Regular Session

Senate Bill 2436

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Bill Text

History of Actions

Background

Title

Description: MS Creditor-Placed Insurance Act; regulate the placement of auto liability insurance.

Bill Text: [Introduced]

History of Actions:

1 01/14 (S) Referred To Insurance
2 02/01 (S) Died In Committee

Background Information:

Effective dateJuly 1, 2005
DispositionDead
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
Vote type requiredMajority

Senate Committee:

Principal Author: Chaney

Additional Authors: Burton, Dearing, King

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.


Information pertaining to this measure was last updated on 02/01/05 at 18:21.

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