MS HB1003 | 2017 | Regular Session

Status

Completed Legislative Action
Sponsorship: Partisan Bill (Republican 1)
Status: Failed on February 9 2017 - 100% progression
Action: 2017-02-09 - Died On Calendar
Text: Latest bill text (Introduced) [HTML]

Summary

An Act To Create New Section 75-71-413, Mississippi Code Of 1972, To Require Broker-dealers And Investment Advisers Registered Under The Mississippi Securities Act Who Are Required To File A Report With The Department Of Human Services Under The Mississippi Vulnerable Persons Act Upon Suspicion That A Vulnerable Person Is Being Exploited To Immediately Forward A Copy Of The Report To The Secretary Of State; To Provide That If A Broker-dealer Or Investment Adviser Reasonably Believes That A Requested Disbursement May Result In Financial Exploitation Of Its Customer, That Person May Delay A Disbursement For Up To Fifteen Business Days; To Provide That If A Disbursement Is Delayed, The Broker-dealer Or Investment Adviser Shall Immediately Initiate An Internal Review Of The Suspected Or Attempted Financial Exploitation Of The Customer And Report The Results Of The Review Within Seven Business Days; To Provide That Disclosures And Notifications Of Disbursement Delays Shall Not Be Made To Any Third Party Who Is Suspected Of Financial Exploitation Or Other Abuse; To Provide That A Person Who Makes Disclosures Or Delays Disbursements Under This Section Shall Be Immune From Any Administrative Or Civil Liability That Might Otherwise Arise From Compliance With This Section Or Activity Authorized Under This Section; And For Related Purposes.

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

Securities law; require brokers who make reports about vulnerable persons to send copy to Secretary of State.

Sponsors


History

DateChamberAction
2017-02-09HouseDied On Calendar
2017-02-08HouseRead the Third Time
2017-01-31HouseTitle Suff Do Pass
2017-01-16HouseReferred To Banking and Financial Services

Mississippi State Sources


LegiScan Search

View Top 50 Searches

Select area of search.
Find an exact bill number.
Search bill text and data. [help]
Reset

LegiScan Trends

View Top 50 National

MI HB6098 Consumer protection: other; use of surveillance pricing in the sale of...
NY J02264 Commemorating the 3rd Annual Marine Park Alliance Garden of Giving Gala...
US HB9380 To amend the Equal Credit Opportunity Act to require creditors to consider...
NJ A5298 Requires AG to establish uniform police training curriculum.
CA SB1089 Preventive Treatment Health Care Act.
US HB9371 To require disclosure when personalized algorithmic pricing is used, and...
RI H7654 Allows for sending of the notice under power of sale and rights of active...
SC H5742 Annexation
MI HB6133 Human services: medical services; regulations regarding managed care plans;...
CA AB2052 Criminal procedure: continuances.
feedback