Mississippi Legislature
2006 Regular Session

House Bill 1112

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Bill Text

History of Actions

Amendments

Background

Title

Description: Uniform Prudent Investor Act; enact (NCCUSL).

Bill Text: [Introduced] [Passed House] [Sent to Governor]

History of Actions:

1 01/16 (H) Referred To Judiciary A
2 01/31 (H) Title Suff Do Pass
3 02/08 (H) Passed
4 02/09 (H) Transmitted To Senate
5 02/13 (S) Referred To Judiciary, Division A
6 02/23 (S) Title Suff Do Pass
7 03/07 (S) Amended
8 03/07 (S) Passed As Amended
9 03/09 (S) Returned For Concurrence
10 03/14 (H) Concurred in Amend From Senate
11 03/17 (S) Enrolled Bill Signed
12 03/17 (H) Enrolled Bill Signed
13 03/27 Approved by Governor

Amendments:

Adopted [S] Amendment No 1   
   
[S] Amendment Report for House Bill No. 1112   

Background Information:

Effective dateJuly 1, 2006
DispositionLaw
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
Vote type requiredMajority
Chapter number474

House Committee:

Senate Committee:

Principal Author: Denny

Code Sections: A 025-0011-0121, A 025-0011-0145, A 037-0155-0115, A 091-0009-0009, A 091-0009-0103, A 091-0009-0107

Title: AN ACT TO CREATE THE UNIFORM PRUDENT INVESTOR ACT; TO ENACT THE PRUDENT INVESTOR RULE; TO SPECIFY THE STANDARD OF CARE; TO ENCOURAGE DIVERSIFICATION IN INVESTMENTS; TO PRESCRIBE TRUSTEE DUTIES; TO PROHIBIT UNREASONABLE INVESTMENT COSTS; TO SPECIFY STANDARDS FOR COMPLIANCE; TO PRESCRIBE WHEN DELEGATION IS APPROPRIATE; TO CONFORM TO THE PROVISIONS OF SENATE BILL NO. 2323, 2006 REGULAR SESSION, TO CLARIFY THE INVESTMENT AUTHORITY OF THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM; TO AMEND SECTIONS 25-11-121, 25-11-145, 37-155-115, 91-9-9, 91-9-103 AND 91-9-107, MISSISSIPPI CODE OF 1972, IN CONFORMITY; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 04/07/06 at 08:00.

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