The purpose of this chapter is to promote the public welfare by regulating credit life insurance and credit disability insurance. Nothing in this chapter is intended to prohibit or discourage competition which is in the public interest. The provisions of this chapter shall be liberally construed.
Miss. Code Ann. § 83-53-1
Legislative purpose; construction
Applied in 5 court decisions — leading case 701 So. 2d 809 - American Federated Life Ins. Co. v. Dale (1997)
Most recently applied in 318 F. Supp. 2d 419 - Dubose v. Merchants and Farmers Bank (March 2003)
Laws, 1986, ch. 440, § 1, eff from and after May 1, 1986.
How often courts cite this section
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
Current official text: Mississippi Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Mississippi statutes; confirm against the official source for the current text. Not legal advice.