Miss. Code Ann. § 83-21-45: Defense of action by unauthorized insurer.
Where this section sits in the code
- Title 83. Insurance
- Chapter 21. Foreign Companies
- Unauthorized Insurers Process Law
Before any unauthorized insurer shall file or cause to be filed any pleading in any action, suit, or proceeding instituted against it, such unauthorized insurer shall either (1) deposit cash or securities with the clerk of the court in which such action, suit, or proceeding is pending, or file with such clerk a bond with good and sufficient sureties, to be approved by the court, in an amount to be fixed by the court sufficient to secure the payment of any final judgment which may be rendered in such actions; or (2) procure a certificate of authority to transact the business of insurance in this state.
Collected 2026-10-27T05:54:33Z. Source file · JSON
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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