Any company heretofore licensed shall have its financial status reviewed upon the filing of its annual statement, and in the event of a deficiency in either capital, surplus, or reserves, the license of the company and the certificate of authority of its agents to represent said company shall be immediately revoked.
Structure Mississippi Code
Chapter 21 - Foreign Companies
§ 83-21-3. Requirements for admission
§ 83-21-5. Deposit required for companies outside United States
§ 83-21-9. License refused on certain conditions
§ 83-21-13. Revocation of license for deficiency in capital, surplus, or reserves
§ 83-21-17. Nonadmitted insurers
§ 83-21-27. Permissible acts of surplus lines insurance producers
§ 83-21-29. Suits against nonadmitted insurers
§ 83-21-31. Application of preceding and succeeding sections