Mississippi House Bill 548 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on February 1 2011 - 100% progression
Action: 2011-02-01 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

An Act To Amend Section 83-65-105, Mississippi Code Of 1972, To Provide That Vehicle Service Contract Providers May Issue, Sell Or Offer For Sale Vehicle Service Contracts In This State Regardless Of Whether The Provider Is Insured Under A Reimbursement Insurance Policy If The Provider Or Provider's Parent Company Has A Net Worth Or Stockholder's Equity In An Amount Equal To Or Greater Than One Hundred Million Dollars And The Provider Meets Certain Filing Requirements; To Provide That A Provider Who Meets Those Financial Criteria And Filing Requirements Shall Be Exempt From Certain Other Filing And Disclosure Requirements; To Amend Sections 83-65-107, 83-65-109 And 83-65-111, Mississippi Code Of 1972, To Conform To The Provisions Of The Act; And For Related Purposes.

Vehicle service contracts; provide that companies with net worth at least $100 million may issue regardless of reimbursement insurance.

Rep. Walter Robinson [D]

Date	Chamber	Action
2011-02-01		Died In Committee
2011-01-10		Referred To Insurance

Type	Source
Summary	https://billstatus.ls.state.ms.us/2011/pdf/history/HB/HB0548.xml
Text	https://billstatus.ls.state.ms.us/documents/2011/html/HB/0500-0599/HB0548IN.htm