No service contract shall be executed, issued, or delivered in the state unless it contains the following:
The exact corporate or other name of the club.
The exact location of its home office and of its usual place of business in the state, giving street number and city.
A provision that the contract may be canceled at any time by giving written notice thereof by either the club or the holder, and that the holder will, if the dues or membership fee has been paid thereupon, be entitled to a refund of the unused portion of the consideration paid for such contract, calculated on a pro rata basis over the period of the contract, without any deductions, provided that the automobile club may make a reasonable minimum charge.
A provision plainly specifying: the services promised, that the holder will not be required to pay any sum in addition to the amount specified in the contract for any services thus specified, the territory wherein such services are to be rendered, the date when such service will commence, and a statement in not less than fourteen (14) point modern type at the head of said contract stating, "This is not an insurance contract."
Structure Mississippi Code
Chapter 11 - Automobile Insurance
Article 5 - Automobile Club Services
§ 83-11-205. Additional insurance services
§ 83-11-207. Security deposit or bond
§ 83-11-209. Purposes and conditions of security
§ 83-11-211. Members' rights against surety bond
§ 83-11-213. Rights against cash deposit
§ 83-11-217. Certificate of authority
§ 83-11-219. Application for certificate
§ 83-11-221. Renewal of certificate
§ 83-11-223. Expiration and reinstatement of certificate
§ 83-11-225. Grounds for revocation of certificate
§ 83-11-227. Solicitation for club not having certificate of authority
§ 83-11-229. Service contracts
§ 83-11-231. Mandatory information and provisions of contract
§ 83-11-233. Misrepresentation
§ 83-11-235. Effect of non-complying contract
§ 83-11-239. Revocation of agent's registration
§ 83-11-241. Hearing on revocation