Mississippi § 11-39-27 - Bond of trustees.
Full text of Mississippi Mississippi Code of 1972 Annotated § 11-39-27 — Bond of trustees., with citation guidance and answers to common questions.
§ 11-39-27. Bond of trustees.
Before they enter upon the discharge of their duties, the trustees shall execute bond in such sum as may be prescribed, and with such sureties as may be approved by the judge, payable to the state, and conditioned for the faithful discharge of their duties as trustees, which bond may be put in suit for a breach thereof; and the amount collected thereon shall constitute a fund for the benefit of creditors or stockholders, as other funds of the corporation.
Source: official Mississippi text · Last verified 2026-08-27
Frequently Asked Questions About Mississippi § 11-39-27
What does Mississippi Code of 1972 Annotated § 11-39-27 cover?
Section 11-39-27 ("Bond of trustees.") 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 § 11-39-27?
A common citation format is "Mississippi Code of 1972 Annotated § 11-39-27" (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 § 11-39-27 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.