Mississippi § 75-45-307 - Issuance and renewal of license.
Full text of Mississippi Mississippi Code of 1972 Annotated § 75-45-307 — Issuance and renewal of license., with citation guidance and answers to common questions.
§ 75-45-307. Issuance and renewal of license.
If the department is satisfied: that the applicant is of good business reputation, that the applicant has adequate bonding under Section 75-45-305, that the applicant maintains a permanent business location in this state, and that the applicant has sufficient financial resources to guarantee payment to producers for grain purchased from them, the commissioner shall issue a license to the applicant or shall renew the applicant’s license. Licenses shall be issued or renewed annually for a period ending ninety (90) days after the last day of the applicant’s fiscal year. The license or renewal thereof issued by the department under this section shall be posted in the principal office of the licensee in this state. A certificate shall be posted in each location listed on a licensee’s application where he engages in the business of buying grain. In the case of a licensee operating a truck or tractor trailer unit the licensee is required to have a certificate that the license is in effect and that a bond or certificate of deposit has been filed and is carried in each truck or tractor trailer unit used in connection with the purchase of grain from producers. Upon request of a licensee and payment of the fee thereof, the commissioner shall issue to the licensee a certificate that a license has been issued or renewed and a bond filed as required by this article.
Source: official Mississippi text · Last verified 2026-08-27
Frequently Asked Questions About Mississippi § 75-45-307
What does Mississippi Code of 1972 Annotated § 75-45-307 cover?
Section 75-45-307 ("Issuance and renewal of license.") 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 § 75-45-307?
A common citation format is "Mississippi Code of 1972 Annotated § 75-45-307" (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 § 75-45-307 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.