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Mississippi Code Title 83. Insurance § 83-19-41

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

The commissioner of insurance shall examine the charter and bylaws of each company applying for license to do business under the domestic insurance company laws to determine that no stock is placed on option. It shall be unlawful for any domestic insurance company to declare a stock dividend within five (5) years from date of incorporation.

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Cite this article: FindLaw.com - Mississippi Code Title 83. Insurance § 83-19-41 - last updated January 01, 2025 | https://codes.findlaw.com/ms/title-83-insurance/ms-code-sect-83-19-41/

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