Mississippi § 87-7-7 - Contractor negotiation of draft payable to contractor and other parties; written signed authorization of co-payees required; penalties.
Full text of Mississippi Mississippi Code of 1972 Annotated § 87-7-7 — Contractor negotiation of draft payable to contractor and other parties; written signed authorization of co-payees required; penalties., with citation guidance and answers to common questions.
§ 87-7-7. Contractor negotiation of draft payable to contractor and other parties; written signed authorization of co-payees required; penalties.
A contractor who undertakes to negotiate a draft made payable to the contractor and any other party must first obtain an endorsement or other written signed authorization of every co-payee on the draft if the draft is tendered in payment for materials or equipment furnished or labor performed by the owner, laborer, supplier or equipment dealer. A contractor who negotiates a draft without first obtaining an endorsement or other written signed authorization required under this section is guilty of a misdemeanor and shall be subject to a fine not to exceed Five Hundred Dollars ($500.00) per violation, and shall also be ordered by the court to make full restitution to the owner, laborer, supplier or equipment dealer who is entitled to payment from the proceeds of the draft, as well as reasonable attorney’s fees incurred by any party to whom restitution is ordered.
Source: official Mississippi text · Last verified 2026-08-27
Frequently Asked Questions About Mississippi § 87-7-7
What does Mississippi Code of 1972 Annotated § 87-7-7 cover?
Section 87-7-7 ("Contractor negotiation of draft payable to contractor and other parties; written signed authorization of co-payees required; penalties.") 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 § 87-7-7?
A common citation format is "Mississippi Code of 1972 Annotated § 87-7-7" (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 § 87-7-7 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.