Mississippi Code
Article 7 - Shareholders
Derivative Procedures

§ 79-4-7.40. Meaning of "derivative proceeding", "shareholder" in subarticle - In Sections 79-4-7.41 through 79-4-7.47:

§ 79-4-7.41. Who may commence or maintain derivative proceeding - A shareholder may not commence or maintain a derivative proceeding...

§ 79-4-7.42. Prerequisites to commencing derivative proceeding - No shareholder may commence a derivative proceeding until:

§ 79-4-7.43. Stay of proceeding when corporation inquires into allegations - If the corporation commences an inquiry into the allegations made...

§ 79-4-7.44. Determination by independent directors or independent persons whether maintenance of proceeding is in best interests of corporation - A derivative proceeding shall be dismissed by the court on...

§ 79-4-7.45. Court approval for settlement or discontinuance - A derivative proceeding may not be discontinued or settled without...

§ 79-4-7.46. Expenses and attorney fees - On termination of the derivative proceeding the court may:

§ 79-4-7.47. Law applicable in derivative proceedings involving foreign corporations - In any derivative proceeding in the right of a foreign...

§ 79-4-7.48. Shareholder action to appoint custodian or receiver - The chancery court of the county where a corporation's principal...