{"data":{"id":"us-ms/miss.-code-ann.-83-1-159","jurisdiction":"us-ms","citation":"Miss. Code Ann. § 83-1-159","heading":"Administrative supervisor; prohibited activities of insurer.","body":"During the period of supervision, the commissioner or his designated appointee shall serve as the administrative supervisor. The commissioner may provide that the insurer may not do any of the following things during the period of supervision, without the prior approval of the commissioner or his appointed supervisor:\n(a) Dispose of, convey or encumber any of its assets or its business in force;\n(b) Withdraw any of its bank accounts;\n(c) Lend any of its funds;\n(d) Invest any of its funds;\n(e) Transfer any of its property;\n(f) Incur any debt, obligation or liability;\n(g) Merge or consolidate with another company;\n(h) Approve new premiums or renew any policies;\n(i) Enter into any new reinsurance contract or treaty;\n(j) Terminate, surrender, forfeit, convert or lapse any insurance policy, certificate or contract, except for nonpayment of premiums due;\n(k) Release, pay or refund premium deposits, accrued cash or loan values, unearned premiums, or other reserves on any insurance policy, certificate or contract;\n(l) Make any material change in management; or\n(m) Increase salaries and benefits of officers or directors or the preferential payment of bonuses, dividends or other payments deemed preferential.","path":["Title 83. Insurance","Chapter 1. Department of Insurance","Administrative Supervision of Insurers by Commissioner of Insurance"],"source_url":"https://archive.org/download/gov.ms.code.ann.2018/release78.2020.07.08/gov.ms.code.title.83.odt","current_through":"2020-07-08","vintage":"Mississippi Code Release 78 (2020-07), retrieved 2026-09-17","retrieved_at":"2026-10-27T05:54:33Z","sha256":"e7c866b2689689bb17da969a760e2d7286ee7e0afc529004c945c4201ce6847d","source_id":"us-ms","stale":false,"prev":"us-ms/miss.-code-ann.-83-1-157","next":"us-ms/miss.-code-ann.-83-1-161","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."}