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MS HB943
Bill
Status
2/1/2022
Primary Sponsor
Bill Kinkade
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AI Summary
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Authorizes persons 18 years of age or older to enter legally binding lease agreements for residential property, including those under the jurisdiction of the Department of Human Services or Child Protection Services
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Expands existing law that already allows 18-year-olds to enter binding contracts for personal property and investments (mutual funds, stocks, bonds) to now include real property leases for residences
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Maintains the statutory definition of "minor" as any person under 21 years of age, while carving out specific contracting rights for those 18 and older
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Allows 18-year-olds to sue and be sued in their own name as adults and be served with process as adults in legal actions related to these contracts
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Effective date of July 1, 2022
Legislative Description
Lease agreements; authorize for persons under 21 to enter binding contracts for.
Last Action
Died In Committee
2/1/2022