Bill Text | History of Actions | Background | Title |
Description: Loan prepayment; prohibit charging penalty if paid with insurance funds for property loss from disaster.
Bill Text: [Introduced] [Passed House]
| 1 | 01/02 (H) Referred To Banking and Financial Services | |
| 2 | 01/23 (H) Title Suff Do Pass | |
| 3 | 02/01 (H) Passed {Vote} | |
| 4 | 02/02 (H) Transmitted To Senate | |
| 5 | 02/05 (S) Referred To Business and Financial Institutions | |
| 6 | 02/27 (S) Died In Committee |
| Effective date | July 1, 2007 | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| Vote type required | Majority |
House Committee:
Senate Committee:
Principal Author: Miles
Code Section: A 075-0017-0031
Title: AN ACT TO AMEND SECTION 75-17-31, MISSISSIPPI CODE OF 1972, TO PROHIBIT THE CHARGING OF A PENALTY FOR THE PREPAYMENT OF ANY LOAN SECURED BY REAL ESTATE IF THE LOAN IS PREPAID AT ANY TIME USING FUNDS RECEIVED FROM AN INSURANCE COMPANY AS PAYMENT FOR A TOTAL OR SUBSTANTIAL LOSS OF THE REAL ESTATE RESULTING FROM A DISASTER; AND FOR RELATED PURPOSES.
End Of Document
2007/html/History/HB/HB0229.htm