It shall not be a defense to any suit against a corporation that there was a defect or informality in its organization.
Structure Mississippi Code
Title 79 - Corporations, Associations, and Partnerships
Chapter 1 - General Provisions Relative to Corporations
§ 79-1-5. Execution of proxies by fiduciary without order or direction of court
§ 79-1-7. Defective organization not a defense
§ 79-1-9. Social, civil and political rights of employees protected
§ 79-1-11. May execute bond in suits
§ 79-1-13. Property and franchise of corporation salable under judgment
§ 79-1-15. Franchise redeemable within six months
§ 79-1-17. On dissolution, assets vested in stockholders