Mississippi § 81-12-207 - Solicitation of deposits by association or its representatives without complying with provisions of chapter; penalty.
Full text of Mississippi Mississippi Code of 1972 Annotated § 81-12-207 — Solicitation of deposits by association or its representatives without complying with provisions of chapter; penalty., with citation guidance and answers to common questions.
§ 81-12-207. Solicitation of deposits by association or its representatives without complying with provisions of chapter; penalty.
Where no other criminal penalty is specifically provided in this chapter, if any association or its agents, attorneys or solicitors, officers or directors, or any other person shall solicit or negotiate any deposit of money or in anywise transact any business regulated hereunder in this state without having first fully complied in good faith with the provisions of this chapter, such association and any such person, upon conviction, shall be punished by a fine of not more than Five Thousand Dollars ($5,000.00) or imprisonment for not more than five (5) years, or both.
Source: official Mississippi text · Last verified 2026-08-27
Frequently Asked Questions About Mississippi § 81-12-207
What does Mississippi Code of 1972 Annotated § 81-12-207 cover?
Section 81-12-207 ("Solicitation of deposits by association or its representatives without complying with provisions of chapter; penalty.") 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 § 81-12-207?
A common citation format is "Mississippi Code of 1972 Annotated § 81-12-207" (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 § 81-12-207 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.