{"data":{"id":"us-ms/miss.-code-ann.-83-31-103","jurisdiction":"us-ms","citation":"Miss. Code Ann. § 83-31-103","heading":"Definitions.","body":"As used in Sections 83-31-101 through 83-31-143, the following terms shall have the meaning ascribed herein unless the context indicates otherwise:\n(a) “Conversion plan” means a plan adopted under Sections 83-31-101 through 83-31-143 by the board of directors of a domestic mutual insurance company to convert the mutual insurance company into a stock company.\n(b) “Converted stock company” means a domestic stock insurance company that has converted under Sections 83-31-101 through 83-31-143 from a domestic mutual insurance company.\n(c) “Eligible member” means a member of a mutual insurance company whose policy is in force on the date that the mutual insurance company’s board of directors adopts a conversion plan. The term does not include a person whose policy becomes effective after the date that the board of directors adopts the conversion plan but before the conversion plan’s effective date.\n(d) “Mutual insurance company” means a domestic mutual insurance company formed under Section 83-31-1 et seq. except for domestic mutual insurance companies that have active life insurance or annuities products in force.\n(e) “Participating policy” means a policy that grants a holder the right to receive dividends or other distributions if, as and when, declared by the mutual insurance company that issued such policy.\n(f) “Stock company” means a domestic stock insurance company subject to Section 83-19-1 et seq.","path":["Title 83. Insurance","Chapter 31. Mutual Companies","Mississippi Mutual Insurance Company Conversion, Reorganization and Merger Act"],"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":"1c749e7cb30404dccc2de67543a7e4d2e11f7f6d88b89d862e1edbbbbc7f0eb6","source_id":"us-ms","stale":false,"prev":"us-ms/miss.-code-ann.-83-31-101","next":"us-ms/miss.-code-ann.-83-31-105","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."}