Mississippi § 83-23-119 - Duties and powers of the commissioner.
Full text of Mississippi Mississippi Code of 1972 Annotated § 83-23-119 — Duties and powers of the commissioner., with citation guidance and answers to common questions.
§ 83-23-119. Duties and powers of the commissioner.
The commissioner shall: Notify the association of the existence of an insolvent insurer not later than three (3) days after he receives notice of the determination of the insolvency. Upon request of the board of directors, provide the association with a statement of the net direct written premiums of each member insurer. The commissioner may: Require that the association notify the insureds of the insolvent insurer and any other interested parties of the determination of insolvency and of their rights under this article. Such notification shall be by mail at their last-known address, where available, but if sufficient information for notification by mail is not available, notice by publication in a newspaper of general circulation shall be sufficient. Suspend or revoke, after notice and hearing, the certificate of authority to transact insurance in this state of any member insurer which fails to pay an assessment when due, or fails to comply with the plan of operation. As an alternative, the commissioner may levy a fine on any member insurer which fails to pay an assessment when due. Such fine shall not exceed five percent (5%) of the unpaid assessment per month, except that no fine shall be less than One Hundred Dollars ($100.00) per month. Revoke the designation of any servicing facility if he finds claims are being handled unsatisfactorily. Any final action or order of the commissioner under this article shall be subject to judicial review in a court of competent jurisdiction.
Source: official Mississippi text · Last verified 2026-08-27
Frequently Asked Questions About Mississippi § 83-23-119
What does Mississippi Code of 1972 Annotated § 83-23-119 cover?
Section 83-23-119 ("Duties and powers of the commissioner.") 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 § 83-23-119?
A common citation format is "Mississippi Code of 1972 Annotated § 83-23-119" (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 § 83-23-119 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.