GroundRules
← Search the law
Mississippi · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Miss. Code Ann. § 57-10-41: Miss. Code Ann. § 57-10-41

Read at publisher ↗
Where this section sits in the code
  1. MS Code
  2. Title 57

In the event of dissolution and liquidation of the corporation, whether voluntary or involuntary or by reason of the repeal of this article and thereby terminating its corporate existence, any surplus assets of the corporation in excess of the corporation's outstanding liabilities shall be transferred to the State of Mississippi and shall automatically vest in said state, and the chairman and treasurer of the corporation shall execute and deliver such conveyances or documents as are necessary to show title in the state or to vest such assets in the state.

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

Browse this collection