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Bill > HB691
MS HB691
MS HB691Auto insurance; delete repealer on statute requiring repair shop and lienholder as additional payees on check paying claim.
summary
Introduced
02/06/2020
02/06/2020
In Committee
02/18/2020
02/18/2020
Crossed Over
02/12/2020
02/12/2020
Passed
Dead
06/09/2020
06/09/2020
Introduced Session
2020 Regular Session
Bill Summary
An Act To Amend Section 83-11-551, Mississippi Code Of 1972, To Delete The Date Of The Repealer On The Statute Requiring An Insurer Paying An Automobile Insurance Claim To Add The Business Repairing The Automobile And The Lienholder As Payees On The Check To The Insured Party; And For Related Purposes.
AI Summary
This bill amends a Mississippi law to delete the repealer on a statute requiring an insurer paying an automobile insurance claim to add the business repairing the automobile and the lienholder as payees on the check to the insured party. The bill extends the repealer date from July 1, 2020 to July 1, 2023, effectively keeping this requirement in place. The bill provides additional context on the process for insurers to obtain salvage certificates of title when they are unable to obtain the properly endorsed certificate of title from the owner after a total loss settlement.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Died In Committee (on 06/09/2020)
Official Document
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