Mississippi § 75-77-11 - Civil liability for failure or refusal to repurchase.
Full text of Mississippi Mississippi Code of 1972 Annotated § 75-77-11 — Civil liability for failure or refusal to repurchase., with citation guidance and answers to common questions.
§ 75-77-11. Civil liability for failure or refusal to repurchase.
If any supplier shall fail or refuse to repurchase and pay the retailer for any inventory covered under the provisions of this chapter within sixty (60) days after shipment of such inventory, he shall be civilly liable for one hundred percent (100%) of the current net price of the inventory, plus any freight charges paid by the retailer, the retailer’s attorney’s fees, court costs and interest on the current net price computed at the legal interest rate from the sixty-first day after date of shipment.
Source: official Mississippi text · Last verified 2026-08-27
Frequently Asked Questions About Mississippi § 75-77-11
What does Mississippi Code of 1972 Annotated § 75-77-11 cover?
Section 75-77-11 ("Civil liability for failure or refusal to repurchase.") 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 § 75-77-11?
A common citation format is "Mississippi Code of 1972 Annotated § 75-77-11" (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 § 75-77-11 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.