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MS SB2011

Bill

Status

Failed

2/3/2015

Primary Sponsor

Videt Carmichael

Click for details

Origin

Senate

2015 Regular Session

AI Summary

  • Amends Mississippi Code Section 83-17-57 to exempt employees and authorized agents of limited license rental car companies from obtaining individual insurance producer licenses.

  • Employees and authorized agents of limited license rental car companies are automatically deemed licensed under the rental car company's limited license without requiring any additional licensing under state insurance law.

  • Applies to all employees and authorized agents of qualifying limited license rental car companies without exception or additional requirements.

  • Effective July 1, 2015.

Legislative Description

Insurance producers; employees of limited license rental car companies are deemed to be licensed producers.

Last Action

Died In Committee

2/3/2015

Committee Referrals

Insurance1/9/2015

Full Bill Text

No bill text available