Mississippi House Bill 468 (Prior Session Legislation)

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Completed Legislative Action
Sponsorship: Partisan Bill (Democrat 1)
Status: Failed on March 6 2012 - 100% progression
Action: 2012-03-06 - Died In Committee
Text: Latest bill text (Introduced) [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 Management Of Institutional Funds Act; And For Related Purposes.

Uniform Prudent Management of Institutional Funds Act; enact.

Rep. Bobby Moak [D]

Date	Chamber	Action
2012-03-06		Died In Committee
2012-02-13		Referred To Banking and Financial Services

Type	Source
Summary	https://billstatus.ls.state.ms.us/2012/pdf/history/HB/HB0468.xml
Text	https://billstatus.ls.state.ms.us/documents/2012/html/HB/0400-0499/HB0468IN.htm