Mississippi Code
Part 1 - . Short Title and General Matters
§ 75-8-102. Definitions

In this chapter:
Appropriate person Section 75-8-107
Control Section 75-8-106
Delivery Section 75-8-301
Investment company security Section 75-8-103
Issuer Section 75-8-201
Overissue Section 75-8-210
Protected purchaser Section 75-8-303
Securities account Section 75-8-501
A person that is registered as a "clearing agency" under the federal securities laws;
A federal reserve bank; or
Any other person that provides clearance or settlement services with respect to financial assets that would require it to register as a clearing agency under the federal securities laws but for an exclusion or exemption from the registration requirement, if its activities as a clearing corporation, including promulgation of rules, are subject to regulation by a federal or state governmental authority.
Send a signed writing; or
Transmit information by any mechanism agreed upon by the persons transmitting and receiving the information.
A security;
An obligation of a person or a share, participation, or other interest in a person or in property or an enterprise of a person, which is, or is of a type, dealt in or traded on financial markets, or which is recognized in any area in which it is issued or dealt in as a medium for investment; or
Any property that is held by a securities intermediary for another person in a securities account if the securities intermediary has expressly agreed with the other person that the property is to be treated as a financial asset under this chapter. As context requires, the term means either the interest itself or the means by which a person's claim to it is evidenced, including a certificated or uncertificated security, a security certificate, or a security entitlement.
The security certificate specifies a person entitled to the security; and
A transfer of the security may be registered upon books maintained for that purpose by or on behalf of the issuer, or the security certificate so states.
A clearing corporation; or
A person, including a bank or broker, that in the ordinary course of its business maintains securities accounts for others and is acting in that capacity.
Which is represented by a security certificate in bearer or registered form, or the transfer of which may be registered upon books maintained for that purpose by or on behalf of the issuer;
Which is one of a class or series or by its terms is divisible into a class or series of shares, participations, interests, or obligations; and
Which:
Is, or is of a type, dealt in or traded on securities exchanges or securities markets; or
Is a medium for investment and by its terms expressly provides that it is a security governed by this chapter.
Other definitions applying to this chapter and the sections in which they appear are:
In addition, Chapter 1 contains general definitions and principles of construction and interpretation applicable throughout this chapter.
The characterization of a person, business, or transaction for purposes of this chapter does not determine the characterization of the person, business, or transaction for purposes of any other law, regulation, or rule.