61 chapters · 1,359 sections in this title.
Miss. Code Ann. § 83-31-161 Amending articles of association
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(1) A domestic mutual insurance holding company may amend its articles of association by vote of a majority of those members present or represented by proxy at a lawful meeting of its members if the notice given members included due notice of the proposal to amend. (2) Upon adopt…
Miss. Code Ann. § 83-31-163 Bylaws
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(1) The initial board of directors of a mutual insurance holding company shall adopt bylaws. (2) The bylaws shall provide:(a) That each member is entitled to one (1) vote upon each matter coming to a vote at meetings of members or to more votes in accordance with a reasonable cla…
Miss. Code Ann. § 83-31-165 Directors
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(1) The affairs of every mutual insurance holding company shall be managed by not less than five (5) directors. (2) Directors shall be elected by the members of the mutual insurance holding company at the annual meeting of members. Directors may be elected for terms of not more t…
Miss. Code Ann. § 83-31-167 Dissolution, liquidation, commissioner jurisdiction and investments
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(1) A mutual insurance holding company and, if applicable, an intermediate holding company shall not be dissolved or liquidated without the approval of the commissioner. (2) The commissioner shall retain jurisdiction over a mutual insurance holding company incorporated in this st…