Mississippi § 77-5-241 - Interest rates.
Full text of Mississippi Mississippi Code of 1972 Annotated § 77-5-241 — Interest rates., with citation guidance and answers to common questions.
§ 77-5-241. Interest rates.
Any note, bond, or other indebtedness issued by a corporation may bear such interest rate or rates as may be determined by the board of directors of the corporation.
Frequently Asked Questions About Mississippi § 77-5-241
What does Mississippi Code of 1972 Annotated § 77-5-241 cover?
Section 77-5-241 ("Interest rates.") 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 § 77-5-241?
A common citation format is "Mississippi Code of 1972 Annotated § 77-5-241" (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 § 77-5-241 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.