™Your Policy Risk Impact Agent
61 chapters · 1,359 sections in this title.
Miss. Code Ann. § 83-19-1 Classifications of insurance companies
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Insurance companies may be formed for the following classifications: Class 1. Fire and Casualty. (a) Fire and Allied Lines. Coverage protecting against loss to real or personal property from damage caused by the peril of fire, lightning, windstorm and hail, sprinkler and water da…
Miss. Code Ann. § 83-19-101 Directors’ resolution and plan
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The constituent insurance companies may adopt a plan of merger or consolidation, or the domestic insurance company and the acquiring corporation may adopt a plan of exchange of stock in the manner hereinafter set out. (a) The board of directors of each such corporation shall adop…
Miss. Code Ann. § 83-19-103 Submission of plan to commissioner of insurance
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The constituent corporations in the case of a merger or consolidation, or the domestic company and the acquiring corporation in the case of an exchange of stock, shall then submit to the commissioner of insurance three (3) copies of the proposed plan certified by the president or…
Miss. Code Ann. § 83-19-105 Public hearing on plan
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The commissioner of insurance shall hold a public hearing upon the terms, conditions and provisions of the proposed plan of merger, consolidation or exchange to determine if it is reasonable, fair and in the public interest. At such hearing the shareholders and the policyholders …
