Mississippi Senate Bill 2454 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on March 1 2011 - 100% progression
Action: 2011-03-01 - Died In Committee
Text: Latest bill text (Engrossed) [HTML]

An Act To Create The Uniform Prudent Management Of Institutional Funds Act; To Enact A Short Title; To Create Definitions; To Set The Standard Of Conduct In Managing And Investing Institutional Funds; To Enact Default Rules Of Construction; To Provide For The Delegation Of Management And Investment Functions; To Provide For The Release Or Modification Of Restrictions On Management, Investment Or Purpose; To Specify In What Way Compliance With The Act Will Be Determined; To Make Transition Provisions; To Provide For The Relationship Of The Act To Certain Other Laws; To Provide For Uniformity Of Application And Construction; To Repeal Sections 79-11-601 Through 79-11-617, Mississippi Code Of 1972, Which Constitute The Uniform Prudent Management Of Institutional Funds Act; And For Related Purposes.

Uniform Prudent Management of Institutional Funds Act; enact.

Sen. Joey Fillingane [R]

2011-02-09 - Senate - Senate Passed (Y: 51 N: 0 NV: 0 Abs: 0) [PASS]

Date	Chamber	Action
2011-03-01		Died In Committee
2011-02-14		Referred To Judiciary B
2011-02-10		Transmitted To House
2011-02-09		Passed
2011-01-31		Title Suff Do Pass
2011-01-12		Referred To Business and Financial Institutions

Type	Source
Summary	https://billstatus.ls.state.ms.us/2011/pdf/history/SB/SB2454.xml
Text	https://billstatus.ls.state.ms.us/documents/2011/html/SB/2400-2499/SB2454IN.htm
Text	https://billstatus.ls.state.ms.us/documents/2011/html/SB/2400-2499/SB2454PS.htm
Roll Call	https://billstatus.ls.state.ms.us/2011/pdf/votes/senate/0370025.pdf