Loading chat...
MS SB2737
Bill
Status
Failed
2/27/2018
Primary Sponsor
Rita Potts Parks
Click for details
AI Summary
-
Amends Mississippi Code Section 81-22-3 to exclude certain for-profit debt settlement providers from the definition of "debt management service provider" under the Mississippi Debt Management Services Act.
-
Exempts for-profit debt settlement providers that do not receive or hold consumer funds, charge no fee until a settlement is approved by the consumer, and are regulated by the Federal Trade Commission.
-
Effective July 1, 2018.
Legislative Description
Mississippi Debt Management Services Act; exclude certain for-profit debt settlement providers.
Last Action
Died In Committee
2/27/2018
Committee Referrals
Banking and Financial Services2/19/2018
Business and Financial Institutions1/15/2018
Full Bill Text
No bill text available