Mississippi § 75-15-7 - Exemption from license requirement.
Full text of Mississippi Mississippi Code of 1972 Annotated § 75-15-7 — Exemption from license requirement., with citation guidance and answers to common questions.
§ 75-15-7. Exemption from license requirement.
Nothing in this chapter shall apply to the sale or issuance or delivering of checks by: Any financial institution whose deposits are insured by any agency of the United States government or any trust company authorized to do business in this state; The government of the United States or any department or agent thereof; The State of Mississippi or any municipal corporation, county or other political subdivision of this state; Agents of a licensee, as provided for in Section 75-15-17, provided that this exemption shall apply only to the agent’s acts on behalf of the licensee and this exemption shall not exempt the agent from the provisions of this chapter where he conducts money transmissions for his own account; Attorneys-at-law, as to checks issued in the regular course of the practice of law; Persons not carrying on the trade or business of money transmission, this exemption is intended to include persons who conduct money transmissions only as an incidental act to another trade or business regularly carried on by them and persons who only occasionally and infrequently conduct money transmissions for another person; or The Nationwide Mortgage Licensing System and Registry for mortgage brokers, mortgage lenders and mortgage loan originators.
Source: official Mississippi text · Last verified 2026-08-27
Frequently Asked Questions About Mississippi § 75-15-7
What does Mississippi Code of 1972 Annotated § 75-15-7 cover?
Section 75-15-7 ("Exemption from license requirement.") 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 § 75-15-7?
A common citation format is "Mississippi Code of 1972 Annotated § 75-15-7" (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 § 75-15-7 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.