Mississippi § 81-27-4 - 105.
Full text of Mississippi Mississippi Code of 1972 Annotated § 81-27-4 — 105., with citation guidance and answers to common questions.
§ 81-27-4. 105.
A state trust company may not engage in the trust business until it receives its charter from the commissioner. The commissioner may not deliver the charter until the state trust company has: Received cash or marketable securities in at least the full amount of required capital from subscriptions for the issuance of shares or participation shares; Elected or qualified the initial officers and directors or managers, as appropriate, named in the application for charter or other officers and directors or managers approved by the commissioner; and Complied with all other requirements of this chapter relative to the organization of a state trust company.
Frequently Asked Questions About Mississippi § 81-27-4
What does Mississippi Code of 1972 Annotated § 81-27-4 cover?
Section 81-27-4 ("105.") 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 § 81-27-4?
A common citation format is "Mississippi Code of 1972 Annotated § 81-27-4" (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 § 81-27-4 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.