{"data":{"id":"us-ms/miss.-code-ann.-81-27-6.310","jurisdiction":"us-ms","citation":"Miss. Code Ann. § 81-27-6.310","heading":"Other provisions related to a limited liability trust company.","body":"For purposes of the provisions of this chapter other than this subarticle, as the context requires:\n(1) A manager and the board of managers are considered to be a director and the board of directors, respectively;\n(2) If there is not a board of managers, a participant is considered to be a director and all of the participants are considered to be the board of directors;\n(3) A participant or participant-transferee is considered to be a shareholder;\n(4) A participation share is considered to be a share of stock; and\n(5) A distribution is considered to be a dividend.","path":["Title 81. Banks and Financial Institutions","Chapter 27. Multistate, State and Limited Liability Trust Institutions","Article 6. Additional Definitions; Ownership; Governance; Mergers.","Subarticle D. Special Provisions for Limited Liability Trust Companies."],"source_url":"https://archive.org/download/gov.ms.code.ann.2018/release78.2020.07.08/gov.ms.code.title.81.odt","current_through":"2020-07-08","vintage":"Mississippi Code Release 78 (2020-07), retrieved 2026-09-17","retrieved_at":"2026-10-27T05:54:28Z","sha256":"22e571ec5b2b98cbae46823203093eae9563130793ab829100751af7276ab8ab","source_id":"us-ms","stale":false,"prev":"us-ms/miss.-code-ann.-81-27-6.309","next":"us-ms/miss.-code-ann.-81-27-6.401","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."}