MISSISSIPPI LEGISLATURE

2006 Regular Session

To: Insurance

By: Representative Franks

House Bill 812

AN ACT TO PROVIDE THAT THE COMMISSIONER OF INSURANCE SHALL HAVE FULL REGULATORY AUTHORITY OVER THOSE PERSONS WHO SELL INSURANCE IN THE STATE OF MISSISSIPPI BUT WHO ARE NOT AGENTS AS DEFINED IN SECTION 83-17-1; AND FOR RELATED PURPOSES.

     BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI:

     SECTION 1.  The Commissioner of Insurance shall have full regulatory authority over those persons who sell insurance in the State of Mississippi but who are not agents as defined in Section 83-17-1.

     SECTION 2. This act shall take effect and be in force from and after July 1, 2006.