Did not become law. It stopped in the House of Representatives's Banking and Financial Services Committee on March 6, 2012. The 2012 session has ended.
2012 Regular Session
House Bill 468
Uniform Prudent Management of Institutional Funds Act; enact.
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 House of Representatives
Sponsor
Its course
February 13 to March 6, 2012, 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 House of RepresentativesFeb 13 to Mar 6 · stopped22 days
Banking and Financial ServicesFeb 13 to Mar 6 · stopped22 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 House of Representatives Feb 13 – Mar 6
- Feb 13Referred to the House committee on Banking and Financial Services
- Mar 6Died in committee in the House
All 2 actions, as published
- Feb 13Referred To Banking and Financial ServicesHouse of Representatives
- Mar 6Died In CommitteeHouse of Representatives