GroundRules
Miss. Code Ann. § 79-4-1.42: Number of shareholders.
Where this section sits in the code
- Title 79. Corporations, Associations, and Partnerships
- Chapter 4. Mississippi Business Corporation Act
- Article 1. General Provisions.
- Subarticle D. Definitions.
(a) For purposes of Sections 79-4-1.01 et seq., the following identified as a shareholder in a corporation’s current record of shareholders constitutes one (1) shareholder:
(1) Three (3) or fewer co-owners;
(2) A corporation, partnership, trust, estate or other entity;
(3) The trustees, guardians, custodians or other fiduciaries of a single trust, estate or account.
(b) For purposes of Sections 79-4-1.01 et seq., shareholdings registered in substantially similar names constitute one (1) shareholder if it is reasonable to believe that the names represent the same person.
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