SB 91 - Green, Tim
Provides for additional penalties for securities fraud crimes against the elderly or disabled
Bill Details
Sponsor
LR Number
0396S.01I
Title
SB 91
House Handler
N/A
Journal Page
Co-Sponsors
Effective Date
August 28, 2009
Current Status
Second Read and Referred S Financial and Governmental Organizations and Elections Committee
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
SB 91 - This act modifies provisions of the Missouri Securities Act of 2003 as it relates to the elderly and disabled.
Definitions for "elderly" and "disabled persons" are added. This act provides that when a defendant is convicted of criminal securities fraud against an elderly or disabled person, the defendant may be fined not less than fifty thousand dollars.
This act also provides options for the commissioner of securities to impose enhanced penalties for securities fraud against the elderly or disabled.
This act is similar to a provision in CCS/SS/SCS/HCS/HB 62 (2009), HB 619 (2009), HCS/HB 26, SCS/SB 889 (2008) and SB 177 (2007).
ADRIANE CROUSE