the commissioner shall notify the society of such deficiency or deficiencies and state in writing the reasons for his or her dissatisfaction. The commissioner shall at once issue a written notice to the society requiring that the deficiency or deficiencies which exist are corrected. After such notice the society shall have a thirty-day period in which to comply with the commissioner's request for correction, and if the society fails to comply the commissioner shall notify the society of such findings of noncompliance and require the society to show cause on a date named why its license should not be suspended, revoked or refused. If on such date the society does not present good and sufficient reason why its authority to do business in this state should not be suspended, revoked or refused, the commissioner may suspend or refuse the license of the society to do business in this state until satisfactory evidence is furnished to the commissioner that such suspension or refusal should be withdrawn or the commissioner may revoke the authority of the society to do business in this state.
Structure Mississippi Code
Chapter 30 - Larger Fraternal Benefit Societies
§ 83-30-57. Foreign or alien society - admission
§ 83-30-59. Injunction - liquidation - receivership of domestic society
§ 83-30-61. Suspension, revocation or refusal of license of foreign or alien society
§ 83-30-67. Unfair methods of competition and unfair and deceptive acts and practices