Mississippi § 57-77-21 - Reports by Magnolia Capital Corporation.
Full text of Mississippi Mississippi Code of 1972 Annotated § 57-77-21 — Reports by Magnolia Capital Corporation., with citation guidance and answers to common questions.
§ 57-77-21. Reports by Magnolia Capital Corporation.
Magnolia Capital Corporation shall submit the following reports to the department: An annual audit of loan funds received in connection with the program; Quarterly reports describing all venture capital assistance provided to businesses by Magnolia Venture Capital Corporation and the fund, such reports to include at least the following: a description of the business receiving assistance, the project to be assisted and the purpose of such assistance; a description of each loan and equity investment, including the terms and conditions thereof and use of the venture fund’s assistance by the business; history of the assistance pool, including amounts expended for administration and management, principal amount of equity investments, losses, loans and other relevant data.
Source: official Mississippi text · Last verified 2026-08-27
Frequently Asked Questions About Mississippi § 57-77-21
What does Mississippi Code of 1972 Annotated § 57-77-21 cover?
Section 57-77-21 ("Reports by Magnolia Capital Corporation.") 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 § 57-77-21?
A common citation format is "Mississippi Code of 1972 Annotated § 57-77-21" (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 § 57-77-21 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.