{"data":{"id":"us-ms/miss.-code-ann.-91-9-705","jurisdiction":"us-ms","citation":"Miss. Code Ann. § 91-9-705","heading":"Qualified affidavit; contents.","body":"A qualified affidavit shall state that:\n(a) The transferor has full right, title, and authority to transfer the assets to the trust;\n(b) The transfer of the assets to the trust will not render the transferor insolvent;\n(c) The transferor does not intend to defraud a creditor by transferring the assets to the trust;\n(d) The transferor does not have any pending or threatened court actions against the transferor, except for those court actions identified by the transferor on an attachment to the affidavit;\n(e) The transferor is not involved in any administrative proceedings, except for those administrative proceedings identified on an attachment to the affidavit;\n(f) The transferor does not contemplate filing for relief under the provisions of the federal bankruptcy code;\n(g) The assets being transferred to the trust were not derived from unlawful activities; and\n(h) The transferor is a named insured of a general liability insurance policy and, if applicable, a professional liability insurance policy, with policy limits of at least One Million Dollars ($1,000,000.00) for each respective policy.","path":["Title 91. Trusts and Estates","Chapter 9. Trusts and Trustees","Article 15. Mississippi Qualified Disposition in Trust Act."],"source_url":"https://archive.org/download/gov.ms.code.ann.2018/release78.2020.07.08/gov.ms.code.title.91.odt","current_through":"2020-07-08","vintage":"Mississippi Code Release 78 (2020-07), retrieved 2026-09-17","retrieved_at":"2026-10-27T05:54:53Z","sha256":"bcab38cb9f82cb71e75fb70dc486ea032ace591982bf612415361621925b2cad","source_id":"us-ms","stale":false,"prev":"us-ms/miss.-code-ann.-91-9-703","next":"us-ms/miss.-code-ann.-91-9-707","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."}