{"data":{"id":"us-ms/miss.-code-ann.-79-4-15.01","jurisdiction":"us-ms","citation":"Miss. Code Ann. § 79-4-15.01","heading":"Authority to transact business required.","body":"(a) A foreign corporation may not transact business in this state until it obtains a certificate of authority from the Secretary of State.\n(b) The following activities, among others, do not constitute transacting business within the meaning of subsection (a):\n(1) Maintaining, defending or settling any proceeding;\n(2) Holding meetings of the board of directors or shareholders or carrying on other activities concerning internal corporate affairs;\n(3) Maintaining bank accounts;\n(4) Maintaining offices or agencies for the transfer, exchange and registration of the corporation’s own securities or maintaining trustees or depositories with respect to those securities;\n(5) Selling through independent contractors;\n(6) Soliciting or obtaining orders, whether by mail or through employees or agents or otherwise, if the orders require acceptance outside this state before they become contracts;\n(7) Creating or acquiring indebtedness, mortgages and security interests in real or personal property;\n(8) Securing or collecting debts or enforcing mortgages and security interests in property securing the debts;\n(9) Owning, without more, real or personal property;\n(10) Conducting an isolated transaction that is completed within thirty (30) days and that is not one in the course of repeated transactions of a like nature;\n(11) Transacting business in interstate commerce;\n(12) Being a shareholder in a corporation or a foreign corporation that transacts business in this state;\n(13) Being a limited partner of a limited partnership or foreign limited partnership that is transacting business in this state;\n(14) Being a member or manager of a limited liability company or foreign limited liability company that is transacting business in this state.\n(c) The list of activities in subsection (b) is not exhaustive.\n(d) A foreign corporation which is general partner of any general or limited partnership, which partnership is transacting business in this state, is hereby declared to be transacting business in this state.","path":["Title 79. Corporations, Associations, and Partnerships","Chapter 4. Mississippi Business Corporation Act","Article 15. Foreign Corporations.","Subarticle A. Certificate of Authority."],"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":"5fa3b930b90c57110233139823fe5cfc3dd21caddcfe389fd9d13be90a30d0cc","source_id":"us-ms","stale":false,"prev":"us-ms/miss.-code-ann.-79-4-14.40","next":"us-ms/miss.-code-ann.-79-4-15.02","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."}