Mississippi § 83-31-169 - Membership requirements.
Full text of Mississippi Mississippi Code of 1972 Annotated § 83-31-169 — Membership requirements., with citation guidance and answers to common questions.
§ 83-31-169. Membership requirements.
Membership in a mutual insurance holding company shall be determined in accordance with the mutual insurance holding company’s articles of association and bylaws and, subject to such exceptions as are set forth in the articles of association or bylaws, shall be based upon each member’s holding a policy of insurance with a subsidiary insurance company. Any person, public or private corporation, board, association, firm, estate, trustee or fiduciary may be a member of a mutual insurance holding company. No member of a mutual insurance holding company may transfer membership or any right arising therefrom. A member of a mutual insurance holding company is not, as such, personally liable for the acts, debts, liabilities or obligations of the company and may not be assessed by the directors of such company. A membership interest in a mutual insurance holding company shall not constitute a security as defined by Section 75-71-105 and shall not be subject to any requirements of the Mississippi Securities Act, Section 75-71-101 et seq.
Source: official Mississippi text · Last verified 2026-08-27
Frequently Asked Questions About Mississippi § 83-31-169
What does Mississippi Code of 1972 Annotated § 83-31-169 cover?
Section 83-31-169 ("Membership requirements.") 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 § 83-31-169?
A common citation format is "Mississippi Code of 1972 Annotated § 83-31-169" (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 § 83-31-169 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.