l9n/ Mississippi

2010 Regular Session

Senate Bill 2657

Uniform Prudent Management of Institutional Funds Act; enact.

Did not become law. It stopped in the House of Representatives on February 15, 2010. The 2010 session has ended.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO CREATE THE UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT; TO ENACT A SHORT TITLE; TO CREATE DEFINITIONS; TO SET THE STANDARD OF CONDUCT IN MANAGING AND INVESTING INSTITUTIONAL FUNDS; TO ENACT DEFAULT RULES OF CONSTRUCTION; TO PROVIDE FOR THE DELEGATION OF MANAGEMENT AND INVESTMENT FUNCTIONS; TO PROVIDE FOR THE RELEASE OR MODIFICATION OF RESTRICTIONS ON MANAGEMENT, INVESTMENT OR PURPOSE; TO SPECIFY IN WHAT WAY COMPLIANCE WITH THE ACT WILL BE DETERMINED; TO MAKE TRANSITION PROVISIONS; TO PROVIDE FOR THE RELATIONSHIP OF THE ACT TO CERTAIN OTHER LAWS; TO PROVIDE FOR UNIFORMITY OF APPLICATION AND CONSTRUCTION; TO REPEAL SECTIONS 79-11-601 THROUGH 79-11-617, MISSISSIPPI CODE OF 1972, WHICH CONSTITUTE THE UNIFORM MANAGEMENT OF INSTITUTIONAL FUNDS ACT; 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 15, 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 action5 actions on 5 days

In the SenateJan 14 to Feb 1027 days

Business and Financial InstitutionsJan 14 to Feb 118 days

In the House of RepresentativesFeb 10 to Feb 15 · stopped5 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 10

  1. Jan 14Referred to the Senate committee on Business and Financial Institutions
  2. Feb 1Reported from committee in the Senate: title sufficient, do pass
  3. Feb 10Passed the Senate

In the House of Representatives Feb 11 – Feb 15

  1. Feb 11Motion in the Senate to reconsider entered
  2. Feb 15Died on the calendar in the Senate
All 5 actions, as published
  1. Jan 14Referred To Business and Financial InstitutionsSenate
  2. Feb 1Title Suff Do PassSenate
  3. Feb 10PassedSenate
  4. Feb 11Motion to Reconsider EnteredSenate
  5. Feb 15Died On CalendarSenate