Mississippi Code Title 79. Corporations, Associations and Partnerships § 79-10-35

(1) A shareholder of a professional corporation may transfer shares, fractional shares and rights or options to purchase shares of the corporation only to qualified persons. A shareholder of a professional corporation may pledge shares to a qualified person or to a disqualified person.

(2) A transfer of shares made in violation of subsection (1), except one made by operation of law or court judgment, is void.