61 chapters · 1,359 sections in this title.
Miss. Code Ann. § 83-54-7 Effective date and termination date of coverage
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(1) Creditor-placed insurance shall become effective on the latest of the following dates:(a) The date of the credit transaction;(b) The date prior coverage, including prior creditor-placed insurance coverage lapsed;(c) One (1) year before the date on which the related insurance …
Miss. Code Ann. § 83-54-9 Insurance premiums
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(1) Premiums for creditor-placed insurance coverage may be calculated based on:(a) An amount not exceeding the net debt even though the coverage may limit the insurer’s liability to the net debt, actual cash value or cost of repair; or(b) Other premium calculation methods that mo…
Miss. Code Ann. § 83-55-1 Purpose
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The purpose of this chapter is to regulate the formation and/or operation of risk retention groups and purchasing groups in this state formed pursuant to the provisions of the federal Liability Risk Retention Act of 1986 (“RRA 1986”), to the extent permitted by such law.
Miss. Code Ann. § 83-55-11 Policy not required to be countersigned
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A policy of insurance issued to a risk retention group or any member of that group shall not be required to be countersigned.