{"data":{"id":"us-ms/miss.-code-ann.-79-1-1","jurisdiction":"us-ms","citation":"Miss. Code Ann. § 79-1-1","heading":"Automatic extension of corporate charters for certain corporations under certain circumstances.","body":"(1) (a) If a business corporation was created (i) for a limited period of existence, and (ii) before April 18, 1988, the life of the business corporation shall be perpetual if the business corporation continues to do business for thirty (30) days after March 14, 2011.\n(b) If a nonprofit corporation was created (i) for a limited period of existence, and (ii) before January 1, 1988, the life of the nonprofit corporation shall be perpetual if the nonprofit corporation continues to do business for thirty (30) days after March 14, 2011.\n(2) If a business or nonprofit corporation (a) has a limited period of existence that expired before March 14, 2011, and (b) the business or nonprofit corporation continues to do business for thirty (30) days after March 14, 2011, the life of that corporation shall be perpetual. The corporation’s charter and articles of incorporation shall be deemed to have been automatically amended before the end of the limited period of existence to state that the corporation’s life shall be perpetual. No further action on the part of the corporation is necessary to execute the provisions of this subsection.\n(3) Any corporation may, after March 14, 2011, amend its articles of incorporation to provide for a limited period of existence.","path":["Title 79. Corporations, Associations, and Partnerships","Chapter 1. General Provisions Relative to Corporations"],"source_url":"https://archive.org/download/gov.ms.code.ann.2018/release78.2020.07.08/gov.ms.code.title.79.odt","current_through":"2020-07-08","vintage":"Mississippi Code Release 78 (2020-07), retrieved 2026-09-17","retrieved_at":"2026-10-27T05:54:23Z","sha256":"04778c7f7c0a78bd037d146a4cd5039db18302780a95da86286e710d5037b76b","source_id":"us-ms","stale":false,"prev":"us-ms/miss.-code-ann.-77-17-15","next":"us-ms/miss.-code-ann.-79-1-3","notices":[{"id":"open-us-law","title":"Open US Law compilation","text":"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.","url":"https://huggingface.co/datasets/vaquill/open-us-law","license_url":"https://creativecommons.org/licenses/by/4.0/"},{"id":"pro-ms","title":"Mississippi Release 78 supplement","text":"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.","url":"https://archive.org/details/gov.ms.code.ann.2018"}]},"notice":"GroundRules: Original legal text. Not legal advice."}
