Mississippi § 77-3-423 - Necessity that sales, leases or transfers be made to company capable of providing adequate service.
Full text of Mississippi Mississippi Code of 1972 Annotated § 77-3-423 — Necessity that sales, leases or transfers be made to company capable of providing adequate service., with citation guidance and answers to common questions.
§ 77-3-423. Necessity that sales, leases or transfers be made to company capable of providing adequate service.
No sale, lease or transfer of any franchises or properties within Mississippi, or any part thereof, of any domestic telephone or telegraph company, whether operated by a person, firm or corporation, shall be valid unless, upon a hearing after reasonable notice, the commission shall find that the person, firm or corporation to whom such sale, lease or transfer is proposed to be made is financially and otherwise capable of rendering telephone or telegraph service in a reasonably adequate manner.
Source: official Mississippi text · Last verified 2026-08-27
Frequently Asked Questions About Mississippi § 77-3-423
What does Mississippi Code of 1972 Annotated § 77-3-423 cover?
Section 77-3-423 ("Necessity that sales, leases or transfers be made to company capable of providing adequate service.") 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 § 77-3-423?
A common citation format is "Mississippi Code of 1972 Annotated § 77-3-423" (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 § 77-3-423 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.