Mississippi Code
Voluntary Dissolution
§ 79-4-14.05. Effect of dissolution

A dissolved corporation continues its corporate existence but may not carry on any business except that appropriate to wind up and liquidate its business and affairs, including:
Dissolution of a corporation does not:
Transfer title to the corporation's property;
Prevent transfer of its shares of securities, although the authorization to dissolve may provide for closing the corporation's share transfer records;
Subject its directors and officers to standards of conduct different from those prescribed in Article 8;
Change quorum or voting requirements for its board of directors or shareholders; change provisions for selection, resignation or removal of its directors or officers or both; or change provisions for amending its bylaws;
Prevent commencement of a proceeding by or against the corporation in its corporate name;

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