Mississippi Code
General Provisions
§ 83-19-9. Powers

Corporations created under the provisions of this chapter shall have all the powers and privileges enjoyed by corporations created under the general corporation laws of this state, and may issue shares of stock of different classes, within the limits fixed by law, and may fix the relative rights and liability of the holders of each class of stock.

Structure Mississippi Code

Mississippi Code

Title 83 - Insurance

Chapter 19 - Domestic Companies

General Provisions

§ 83-19-1. Classifications of insurance companies

§ 83-19-3. Insurance of apparatus

§ 83-19-5. Expiration of charters under special acts

§ 83-19-7. Expiration of charters under general insurance laws

§ 83-19-9. Powers

§ 83-19-11. Organization of insurance companies

§ 83-19-13. Bylaws

§ 83-19-15. Organizational meeting

§ 83-19-16. Commissioner of Insurance to be notified of changes in officers or directors

§ 83-19-19. Certificate of organization

§ 83-19-21. License fees; deposit into Insurance Department Fund; funding of agency expenses; deposit of monies into State General Fund

§ 83-19-27. Examination of financial ability, condition, and affairs

§ 83-19-29. New companies to file financial statement each quarter for two years

§ 83-19-31. Capital required for various classes of companies

§ 83-19-33. Capital stock payment

§ 83-19-35. Commissioner to approve the price per share of stock

§ 83-19-37. Stock sale

§ 83-19-39. Escrow deposits

§ 83-19-41. No stock to be placed on option

§ 83-19-43. Qualification of certain stock sales with securities exchange commission

§ 83-19-45. Organization through sale of stock in holding company prohibited

§ 83-19-47. Violation to invalidate organization of company

§ 83-19-49. License fees

§ 83-19-51. Investment of funds by domestic insurance companies

§ 83-19-53. Investment to finance buildings for General Services Administration

§ 83-19-55. Real estate holdings

§ 83-19-57. Capital impairment

§ 83-19-59. Application to increase or reduce capital stock

§ 83-19-61. Increase of capital stock

§ 83-19-63. Reduction of capital stock

§ 83-19-65. Dividends

§ 83-19-67. Regulation of management contracts

§ 83-19-69. Certain contracts prohibited in another state

§ 83-19-75. Penalty for failure to report impairment of surplus

§ 83-19-77. Exceptions to surplus requirements

§ 83-19-79. "Equity security" defined

§ 83-19-81. Statements of ownership of equity securities

§ 83-19-83. Recovery of profit realized from certain purchase or sale of equity security

§ 83-19-85. Prohibition of certain sales of equity security

§ 83-19-87. Certain purchases or sales of equity securities excepted

§ 83-19-89. Certain arbitrage transactions excluded

§ 83-19-91. Solicitation of proxies, consents, or authorizations

§ 83-19-93. Transmission of security information

§ 83-19-95. Provisions inapplicable to certain equity securities

§ 83-19-97. Commissioner to make rules and regulations