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Mississippi Code Title 75. Regulation of Trade, Commerce and Investments § 75-76-53

Current as of January 01, 2025 | Updated by Findlaw Staff

(1) The commission may:

(a) Adopt regulations governing the sale or offering for sale of securities, by public or other offerings, or any affiliated company of a corporate licensee.

(b) Pursue any remedy or combination of remedies provided in this chapter for a violation of any regulation adopted pursuant to this section, but any such violation does not affect the validity of the securities issued.

(2) As used in this section, unless the context otherwise requires, “sale” means every contract of sale, contract to sell, disposition or transfer, whether or not for value. The term includes any exchange and any material change in the rights, preferences, privileges or restrictions of or on outstanding securities.

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Cite this article: FindLaw.com - Mississippi Code Title 75. Regulation of Trade, Commerce and Investments § 75-76-53 - last updated January 01, 2025 | https://codes.findlaw.com/ms/title-75-regulation-of-trade-commerce-and-investments/ms-code-sect-75-76-53/

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