MISSISSIPPI LEGISLATURE

2007 Regular Session

To: Insurance

By: Representative Franks

House Bill 666

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, MISSISSIPPI CODE OF 1972; 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, 2007.