Mississippi § 75-72-104 - Transactions exempted from registration requirements.
Full text of Mississippi Mississippi Code of 1972 Annotated § 75-72-104 — Transactions exempted from registration requirements., with citation guidance and answers to common questions.
§ 75-72-104. Transactions exempted from registration requirements.
The following transactions are exempted from the registration requirements of this chapter. Any offer made by an issuer to purchase its own equity securities or the equity securities of a subsidiary at least two-thirds (2/3) of the equity securities of which are owned either of record or beneficially by the issuer; An offer effected by or through a broker-dealer in the ordinary course of his business without solicitation of offers to sell equity securities of the subject company; An offer made to the owners of equity securities of a subject company with less than fifty (50) owners of record at the time of the offer; An offer or offers to purchase equity securities which, if accepted, will result in the offeror’s purchasing two percent (2%) or less of the outstanding equity securities of the same class during the preceding twelve-month period; An offer in which the consideration consists, in whole or in part, of securities registered under the United States Securities Act of 1933; An offer which the Secretary of State by order, after notice to the offeror and to the subject company and opportunity to respond, shall exempt from the provisions of this law as not being made, or to be made, for the purpose of, and not having the effect of, or to have the effect of, changing or influencing the control of the subject company, or otherwise as not comprehended within the purposes of Sections 75-72-101 through 75-72-121; or An offer which is subject to substantive administrative review of its terms and conditions by a federal or state agency and which the Secretary of State determines by rule, regulation or order has met the purposes of Sections 75-72-101 through 75-72-121.
Source: official Mississippi text · Last verified 2026-08-27
Frequently Asked Questions About Mississippi § 75-72-104
What does Mississippi Code of 1972 Annotated § 75-72-104 cover?
Section 75-72-104 ("Transactions exempted from registration requirements.") 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 § 75-72-104?
A common citation format is "Mississippi Code of 1972 Annotated § 75-72-104" (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 § 75-72-104 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.