Bill Text: MS SB2584 | 2013 | Regular Session | Introduced
Bill Title: Auto liability insurance; repeal laws requiring the deposit of security for damages resulting from a motor vehicle accident.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Failed) 2013-02-05 - Died In Committee [SB2584 Detail]
Download: Mississippi-2013-SB2584-Introduced.html
MISSISSIPPI LEGISLATURE
2013 Regular Session
To: Insurance
By: Senator(s) Carmichael
Senate Bill 2584
AN ACT TO REPEAL SECTIONS 63-15-11 THROUGH 63-15-21, MISSISSIPPI CODE OF 1972, WHICH REQUIRE THE DEPOSIT OF SECURITY FOR DAMAGES RESULTING FROM A MOTOR VEHICLE ACCIDENT AND PROVIDE FOR THE SUSPENSION OF LICENSES AND REGISTRATIONS UPON THE FAILURE TO DEPOSIT THE SECURITY; AND FOR RELATED PURPOSES.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI:
SECTION 1. Section 63-15-11, Mississippi Code of 1972, which requires a deposit of security for damages resulting from a motor vehicle accident, is repealed.
SECTION 2. Section 63-15-13, Mississippi Code of 1972, which provides exemptions from the security requirement under the Motor Vehicle Safety-Responsibility Act, is repealed.
SECTION 3. Section 63-15-15, Mississippi Code of 1972, which provides for the duration of the suspension for failure to deposit security under the Motor Vehicle Safety-Responsibility Act, is repealed.
SECTION 4. Section 63-15-17, Mississippi Code of 1972, which provides for the application of security requirements to nonresidents, unlicensed drivers and accidents in other states, is repealed.
SECTION 5. Section 63-15-19, Mississippi Code of 1972, which provides for the form and amount of security required to be deposited under the Motor Vehicle Safety-Responsibility Act, is repealed.
SECTION 6. Section 63-15-21, Mississippi Code of 1972, which provides for the custody, disposition and return of security under the Motor Vehicle Safety-Responsibility Act, is repealed.
SECTION 7. This act shall take effect and be in force from and after its passage.
