Mississippi · Snapshot Mississippi Code Release 78 (2020-07), retrieved 2026-09-17

Miss. Code Ann. § 77-9-191: Fictitious stock is void.

Where this section sits in the code

Title 77. Public Utilities and Carriers
Chapter 9. Railroads and Other Common Carriers
Article 3. Railroads and Railroad Corporations.
General Corporate Powers

A railroad corporation shall not issue stocks or bonds except for money, labor done or in good faith agreed to be done, or property actually received. Any fictitious increase of stock or indebtedness shall be void.

Collected 2026-10-27T05:54:18Z. Source file · JSON

Compilation CC BY 4.0, Open US Law (Vaquill AI). GroundRules uses only the releases published under CC BY 4.0: from v2026.09 the compilation is licensed CC BY-NC 4.0, and GroundRules does not use those releases. Each affected row names its release in its vintage label. GroundRules parsed and filtered the compilation to retain enacted text. Source · License

Mississippi electronic product files were republished by Public.Resource.Org under a public-domain dedication. GroundRules uses enacted text from Release 78 only as a labeled supplement to the newer Open US Law rows. Source

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