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MS HB290
Bill
Status
2/4/2025
Primary Sponsor
Noah Sanford
Click for details
AI Summary
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Amends Section 93-19-13 to clarify that persons 18 years or older have capacity to convey and/or encumber personal property, mortgages, and real property through binding contractual relationships.
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Maintains existing provisions allowing persons 18 or older to enter binding contracts affecting personal property, mortgages, real property, and publicly traded equities.
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Preserves authority for persons aged 18 to 21 to lease residential property and secure utility services before reaching age of majority.
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Brings forward Section 93-19-1 allowing chancery courts to remove disability of minority for minors, enabling them to sell, convey, mortgage, lease, and execute contracts concerning real estate.
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Effective date: July 1, 2025.
Legislative Description
Real property conveyance; authorize 18 year olds to contract for.
Last Action
Died In Committee
2/4/2025