GroundRules
Miss. Code Ann. § 81-21-5: Investigation of license applicant; hearing for applicant found unqualified; conditions for issuance or renewal of license.
Where this section sits in the code
- Title 81. Banks and Financial Institutions
- Chapter 21. Insurance Premium Finance Companies
(1) Upon the filing of an application and the payment of the license fee, the commissioner shall make an investigation of each applicant and shall issue a license if the application is qualified in accordance with this chapter. If the commissioner does not so find, he or she, at the request of the applicant, shall give the application a full hearing in accordance with the Mississippi Administrative Procedures Law.
(2) The commissioner shall issue or renew a license when he or she is satisfied that the person to be licensed:
(a) Is competent and trustworthy and intends to act in good faith;
(b) Has a good business reputation and has had the experience or training or possesses the abilities so as to be qualified to act as a premium finance company;
(c) If a corporation, is incorporated under the laws of this state or, if a foreign corporation, is authorized to transact business in this state.
Collected 2026-10-27T05:54:28Z. 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