Mississippi § 43-33-749 - Personal liability of corporate directors, advisory board members, etc. while acting in scope of authority.
Full text of Mississippi Mississippi Code of 1972 Annotated § 43-33-749 — Personal liability of corporate directors, advisory board members, etc. while acting in scope of authority., with citation guidance and answers to common questions.
§ 43-33-749. Personal liability of corporate directors, advisory board members, etc. while acting in scope of authority.
Neither the directors of the corporation, the advisory board, nor any person or persons acting in their behalf, while acting within the scope of their authority, shall be subject to any personal liability resulting from carrying out any of the powers granted herein in accordance with his or her good faith belief that he or she is acting in the best interests of the corporation.
Source: official Mississippi text · Last verified 2026-08-27
Frequently Asked Questions About Mississippi § 43-33-749
What does Mississippi Code of 1972 Annotated § 43-33-749 cover?
Section 43-33-749 ("Personal liability of corporate directors, advisory board members, etc. while acting in scope of authority.") 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 § 43-33-749?
A common citation format is "Mississippi Code of 1972 Annotated § 43-33-749" (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 § 43-33-749 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.