GroundRules
Miss. Code Ann. § 79-10-35: Share transfer restriction.
Where this section sits in the code
- Title 79. Corporations, Associations, and Partnerships
- Chapter 10. Mississippi Professional Corporation Act
- Article 3. Shares.
(1) A shareholder of a professional corporation may transfer shares, fractional shares and rights or options to purchase shares of the corporation only to qualified persons. A shareholder of a professional corporation may pledge shares to a qualified person or to a disqualified person.
(2) A transfer of shares made in violation of subsection (1), except one made by operation of law or court judgment, is void.
Collected 2026-10-27T05:54:23Z. 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