MS SB2587 | 2013 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on February 5 2013 - 100% progression
Action: 2013-02-05 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

Summary

An Act To Amend Section 83-6-1, Mississippi Code Of 1972, To Define The Term "enterprise Risk" As Used In The Insurance Holding Company Registration Act; To Amend Section 83-6-5, Mississippi Code Of 1972, To Revise The Form And Contents Of The Registration Statement Filed With The Commissioner Of Insurance; To Amend Section 83-6-17, Mississippi Code Of 1972, To Provide That A Disclaimer Of Affiliation Shall Be Deemed To Have Been Granted Unless The Commissioner Notifies The Filing Party The Disclaimer Is Disallowed; To Amend Section 83-6-21, Mississippi Code Of 1972, To Revise The Notice Requirements To The Commissioner Of Insurance Of Certain Intended Transactions Within The Holding Company System; To Amend Section 83-6-24, Mississippi Code Of 1972, To Revise The Filing Requirements Of Persons Seeking To Divest Or Acquire A Controlling Interest In A Domestic Insurer; To Create New Section 83-6-26, Mississippi Code Of 1972, To Provide Certain Management Requirements Of Domestic Insurers Subject To Registration; To Amend Section 83-6-27, Mississippi Code Of 1972, To Make A Technical Correction To Reference The Chapter Of Laws; To Amend Section 83-6-29, Mississippi Code Of 1972, To Revise The Confidential Treatment Of Documents, Materials Or Other Information In The Possession Or Control Of The Department Of Insurance That Are Obtained By Or Disclosed To The Commissioner Or Any Other Person During Certain Examinations Or Investigations; And For Related Purposes.

Tracking Information

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Title

Insurance Holding Company Registration Act; make amendments to conform to NAIC model law.

Sponsors


History

DateChamberAction
2013-02-05SenateDied In Committee
2013-01-21SenateReferred To Insurance

Mississippi State Sources


Bill Comments

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