Mississippi § 81-22-19 - Prohibited acts [Repealed effective July 1, 2022].
Full text of Mississippi Mississippi Code of 1972 Annotated § 81-22-19 — Prohibited acts [Repealed effective July 1, 2022]., with citation guidance and answers to common questions.
§ 81-22-19. Prohibited acts [Repealed effective July 1, 2022].
A debt management service provider may not: Purchase debt.Purchase any debt or obligation of a consumer; Lend money.Lend money or provide credit to any consumer; Mortgage interest.Obtain a mortgage or other security interest in property of a consumer; Debt collector.Operate as a debt collector in this state; or Negative amortization.Structure an agreement for the consumer that, at the conclusion of the projected term for the consumer’s participation in the debt management service agreement, would result in negative amortization of any of the consumer’s obligations to creditors.
Source: official Mississippi text · Last verified 2026-08-27
Frequently Asked Questions About Mississippi § 81-22-19
What does Mississippi Code of 1972 Annotated § 81-22-19 cover?
Section 81-22-19 ("Prohibited acts [Repealed effective July 1, 2022].") 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 § 81-22-19?
A common citation format is "Mississippi Code of 1972 Annotated § 81-22-19" (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 § 81-22-19 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.