Any person, firm, association, or corporation engaging in the business herein described without first having complied with the provisions hereof, or any person who shall knowingly make any false statement in the reports required by this chapter as determined by the Commissioner of Insurance after written notice and hearing, shall be assessed a penalty for each violation of not less than Two Hundred Fifty Dollars ($250.00) nor more than Five Hundred Dollars ($500.00), and in addition thereto shall forfeit the license to do business in this state. Funds from such penalties shall be deposited with the State Treasurer to be placed in a fund designated as the "Insurance Department Fund."
From and after July 1, 2016, the expenses of this agency shall be defrayed by appropriation from the State General Fund and all user charges and fees authorized under this section shall be deposited into the State General Fund as authorized by law.
From and after July 1, 2016, no state agency shall charge another state agency a fee, assessment, rent or other charge for services or resources received by authority of this section.
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