l9n/ Mississippi

2010 Regular Session

Senate Bill 2615

Mississippi S.A.F.E. Mortgage Act; amend provisions and extend repealer.

Did not become law. It stopped in the Senate's Business and Financial Institutions Committee on February 2, 2010. The 2010 session has ended.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO REENACT SECTIONS 81-18-1 THROUGH 81-18-63, MISSISSIPPI CODE OF 1972, KNOWN AS THE "MISSISSIPPI S.A.F.E. MORTGAGE LICENSING ACT OF 2009"; TO AMEND REENACTED SECTION 81-18-1, MISSISSIPPI CODE OF 1972, TO REVISE THE SHORT TITLE OF THE ACT; TO AMEND REENACTED SECTION 81-18-3, MISSISSIPPI CODE OF 1972, TO CLARIFY THE DEFINITION OF THE TERMS "BORROWER," "MORTGAGE LOAN ORIGINATOR" AND "QUALIFYING INDIVIDUAL"; TO AMEND REENACTED SECTION 81-18-5, MISSISSIPPI CODE OF 1972, TO EXEMPT CERTAIN SMALL LOAN LICENSEES FROM THE PROVISIONS OF THE ACT; TO AMEND REENACTED SECTION 81-18-15, MISSISSIPPI CODE OF 1972, TO REVISE THE EXPIRATION DATE OF CERTAIN LICENSES; TO AMEND REENACTED SECTION 81-18-17, MISSISSIPPI CODE OF 1972, TO REVISE THE NOTIFICATION REQUIREMENTS TO THE DEPARTMENT OF BANKING AND CONSUMER FINANCE FOR A LICENSEE'S CHANGE IN ADDRESS, LOCATION OR OFFICERS; TO AMEND REENACTED SECTION 81-18-23, MISSISSIPPI CODE OF 1972, TO REVISE REPORTING REQUIREMENTS BY MORTGAGE LICENSEES; TO AMEND REENACTED SECTION 81-18-51, MISSISSIPPI CODE OF 1972, TO EXTEND THE DATE OF REPEAL OF THE ACT; TO AMEND REENACTED SECTIONS 81-18-9, 81-18-13, 81-18-14 AND 81-18-33, MISSISSIPPI CODE OF 1972, IN CONFORMITY THERETO; AND FOR RELATED PURPOSES.

Sponsors

Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.

In the Senate

Its course

January 14 to February 2, 2010, on one scale. In the top row each mark is a day something happened; taller marks are busier days.

Each committee stop sits inside its chamber.

Every action2 actions on 2 days

In the SenateJan 14 to Feb 2 · stopped19 days

Business and Financial InstitutionsJan 14 to Feb 2 · stopped19 days

Text

Each version as the Legislature printed it.

l9n doesn't hold this bill's text yet.

What happened

In l9n's words, one line for each step. Every action as the Legislature published it is below.

In the Senate Jan 14 – Feb 2

  1. Referred to the Senate committee on Business and Financial Institutions
  2. Died in committee in the Senate
All 2 actions, as published