Mississippi § 37-155-123 - Monies in MACS or MPACT Programs not considered in determining eligibility for need-based financial aid.
Full text of Mississippi Mississippi Code of 1972 Annotated § 37-155-123 — Monies in MACS or MPACT Programs not considered in determining eligibility for need-based financial aid., with citation guidance and answers to common questions.
§ 37-155-123. Monies in MACS or MPACT Programs not considered in determining eligibility for need-based financial aid.
Notwithstanding any state law to the contrary, no monies on deposit in either the MACS or MPACT Programs shall be considered an asset of the parent, guardian or student for purposes of determining an individual’s eligibility for a need-based grant, need-based scholarship or need-based work opportunity offered or administered by any state agency except as may be required by the funding source of such financial aid.
Source: official Mississippi text · Last verified 2026-08-27
Frequently Asked Questions About Mississippi § 37-155-123
What does Mississippi Code of 1972 Annotated § 37-155-123 cover?
Section 37-155-123 ("Monies in MACS or MPACT Programs not considered in determining eligibility for need-based financial aid.") 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 § 37-155-123?
A common citation format is "Mississippi Code of 1972 Annotated § 37-155-123" (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 § 37-155-123 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.