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Mississippi · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Miss. Code Ann. § 43-33-715: Miss. Code Ann. § 43-33-715

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Where this section sits in the code
  1. MS Code
  2. Title 43

The corporation is not created or organized, and its operations shall not be conducted, for the purpose of making a profit. No part of the revenues or assets of the corporation shall inure to the benefit of or be distributable to its directors or officers or other private persons, except as otherwise provided in this article.

Directors of the corporation shall serve without compensation; provided that all members, except ex officio members, shall receive the per diem established in Section 25-3-69, Mississippi Code of 1972 , for their attendance at meetings; and all directors shall be entitled to receive reimbursement for any actual and reasonable expenses incurred as a necessary incident to service on the corporation, including mileage, as provided in Section 25-3-41, Mississippi Code of 1972 .

Collected 2026-09-14T18:32:17Z. Source file · JSON

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