Mississippi § 75-15-23 - Liability of licensee.
Full text of Mississippi Mississippi Code of 1972 Annotated § 75-15-23 — Liability of licensee., with citation guidance and answers to common questions.
§ 75-15-23. Liability of licensee.
Each licensee shall be liable for the payment of all money transmissions and for all checks that the licensee sells, in whatever form and whether directly or through an agent, as the maker or drawer thereof according to the negotiable instrument laws of this state, and shall be responsible only for those acts of the agent done on behalf of the licensee.Every check sold by a licensee directly or through an agent shall bear the name of the licensee clearly imprinted thereon.During the period of time that a person is an appointed agent for a licensee, the agent shall not directly or indirectly conduct his own money transmission business and the agent shall not be, continue to be, or become an officer, director, stockholder, employee, or agent of any other licensee under this chapter.When a person ceases to be an agent of a licensee, he shall immediately cease displaying his agent’s appointment certificate, as provided under Section 75-15-17 of this chapter and shall immediately surrender same to the licensee.
Source: official Mississippi text · Last verified 2026-08-27
Frequently Asked Questions About Mississippi § 75-15-23
What does Mississippi Code of 1972 Annotated § 75-15-23 cover?
Section 75-15-23 ("Liability of licensee.") 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 § 75-15-23?
A common citation format is "Mississippi Code of 1972 Annotated § 75-15-23" (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 § 75-15-23 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.