Mississippi § 83-7-43 - Authority to deliver or issue for delivery within state contracts providing for benefits in variable amounts.
Full text of Mississippi Mississippi Code of 1972 Annotated § 83-7-43 — Authority to deliver or issue for delivery within state contracts providing for benefits in variable amounts., with citation guidance and answers to common questions.
§ 83-7-43. Authority to deliver or issue for delivery within state contracts providing for benefits in variable amounts.
No domestic life insurance company and no other life insurance company shall deliver or issue for delivery within this state, variable contracts unless it is licensed or organized to do a life insurance or annuity business in this state, and has satisfied the commissioner of insurance that its condition or method of operation in connection with the issuance of such contracts will not render its operation hazardous to the public or its policyholders in this state. In this connection, the commissioner of insurance shall consider among other things: the history and financial condition of the company; the character, responsibility and general fitness of the officers and directors of the company; and the law and regulation under which the company is authorized in the state of domicile to issue variable contracts. The state of entry of an alien company shall be deemed its place of domicile for this purpose. If the company is a subsidiary of an admitted life insurance company, or affiliated with such company through common management or ownership, it may be deemed by the commissioner of insurance to have met the provisions of this section if either it or the parent or the affiliated company meets the requirements hereof.
Source: official Mississippi text · Last verified 2026-08-27
Frequently Asked Questions About Mississippi § 83-7-43
What does Mississippi Code of 1972 Annotated § 83-7-43 cover?
Section 83-7-43 ("Authority to deliver or issue for delivery within state contracts providing for benefits in variable amounts.") is part of the Mississippi Code of 1972 Annotated, the codified statutory law of Mississippi. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Mississippi § 83-7-43?
A common citation format is "Mississippi Code of 1972 Annotated § 83-7-43" (Mississippi). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Mississippi law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Mississippi official source linked on this page or consult a licensed Mississippi attorney.
How does Mississippi § 83-7-43 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Mississippi can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Mississippi.