The failure of any person, firm, association, or corporation to promptly pay or fulfill any contract in force at the time of maturity, when legally determined that the contract was in force, the failure to pay promptly when due the examination fee required, the failure to pay the license fee, privilege license when due, or penalties when assessed, the failure to fulfill any contract when services are performed by another person, firm, association, or corporation with whom the deceased or his legal representative had contracted, or the failure to adhere to the approved policy form, or to collect and retain the filed and approved rate for premium as filed in the office of the commissioner of insurance, each and all shall be grounds for the cancellation by the commissioner of insurance of its license to do business in this state.
Procedure for revocation of license under the above offenses shall be the same procedure as provided in the case of insurance agents engaging in the business of life, accident, and health insurance.
Structure Mississippi Code
Chapter 37 - Burial Associations
§ 83-37-1. Unlawful unless organized under this chapter
§ 83-37-3. Method of organization
§ 83-37-5. Articles of incorporation; restriction on formation of new companies
§ 83-37-7. Foreign corporations admitted
§ 83-37-9. Corporate contract forms and rate schedules to be filed
§ 83-37-11. Classes of burial associations
§ 83-37-13. Standard contract provisions
§ 83-37-15. Conditions for certain contracts
§ 83-37-23. Cancellation of license
§ 83-37-25. Fiscal examinations
§ 83-37-27. Licenses issued as of March 1st; term
§ 83-37-29. Penalties; funding of agency expenses; deposit of monies into State General Fund