Shares may but need not be represented by certificates. Unless this act or another statute expressly provides otherwise, the rights and obligations of shareholders are identical whether or not their shares are represented by certificates.
At a minimum each share certificate must state on its face:
If the issuing corporation is authorized to issue different classes of shares or different series within a class, the designations, relative rights, preferences and limitations applicable to each class and the variations in rights, preferences and limitations determined for each series (and the authority of the board of directors to determine variations for future series) must be summarized on the front or back of each certificate or the corporation must furnish the shareholder this information on request in writing and without charge.
Each share certificate (1) must be signed (either manually or in facsimile) by two (2) officers designated in the bylaws or by the board of directors, and (2) may bear the corporate seal or its facsimile.
If the person who signed (either manually or in facsimile) a share certificate no longer holds office when the certificate is issued, the certificate is nevertheless valid.
Structure Mississippi Code
Title 79 - Corporations, Associations, and Partnerships
Chapter 4 - Mississippi Business Corporation Act
Article 6 - Shares and Distributions
§ 79-4-6.20. Subscription for shares before incorporation
§ 79-4-6.21. Issuance of shares
§ 79-4-6.22. Liability of shareholders
§ 79-4-6.25. Form and content of certificate
§ 79-4-6.26. Authorization to issue shares without certificates
§ 79-4-6.27. Restriction on transfer of shares and other securities