Bill Text | History of Actions | Background | Title |
Description: Mississippi Insurance Guaranty Association Law; revise.
Bill Text: [Introduced] [Committee Substitute]
| 1 | 01/16 (H) Referred To Insurance | |
| 2 | 01/31 (H) Title Suff Do Pass Comm Sub | |
| 3 | 02/09 (H) Died On Calendar |
| Effective date | Passage | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| Vote type required | Majority |
House Committee:
Principal Author: Moore
Additional Authors: Formby, Chism
Code Sections: A 083-0023-0109, A 083-0023-0115, A 083-0023-0135
Title: AN ACT TO AMEND SECTION 83-23-109, MISSISSIPPI CODE OF 1972, TO REVISE THE TERMS OF "AFFILIATE" AND "COVERED CLAIM" AS THEY RELATE TO THE MISSISSIPPI INSURANCE GUARANTY ASSOCIATION LAW; TO AMEND SECTION 83-23-115, MISSISSIPPI CODE OF 1972, TO REVISE THE POWERS AND DUTIES OF THE ASSOCIATION; TO AMEND SECTION 83-23-135, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT THE ASSOCIATION SHALL BE ENTITLED TO AN AUTOMATIC STAY OF EXECUTION OF A MONEY JUDGMENT AND SHALL NOT BE REQUIRED TO POST A SUPERSEDEAS BOND PENDING APPEAL OF ANY LEGAL PROCEEDING IN WHICH THE ASSOCIATION IS A PARTY; AND FOR RELATED PURPOSES.
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