reglab/housing_qa huggingface dataset:
MS Code § 75-71-506 (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 71 - Mississippi Securities Act of 2010|Article 5 - Fraud and liabilities|§ 75-71-506. Misrepresentations concerning registration or exemption

 The filing of an application for registration, a registration statement, a notice filing under this chapter, the registration of a person, the notice filing by a person, or the registration of a security under this chapter does not constitute a finding by the administrator that a record filed under this chapter is true, complete, and not misleading.The filing or registration or the availability of an exemption, exception, preemption, or exclusion for a security or a transaction does not mean that the administrator has passed upon the merits or qualifications of, or recommended or given approval to, a person, security, or transaction.It is unlawful to make, or cause to be made, to a purchaser, customer, client, or prospective customer or client a representation inconsistent with this section.
MS Code § 75-71-507 (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 71 - Mississippi Securities Act of 2010|Article 5 - Fraud and liabilities|§ 75-71-507. Qualified immunity

 A broker-dealer, agent, investment adviser, federal covered investment adviser, or investment adviser representative is not liable to another broker-dealer, agent, investment adviser, federal covered investment adviser, or investment adviser representative for defamation relating to a statement that is contained in a record required by the administrator, or designee of the administrator, the Securities and Exchange Commission, or a self-regulatory organization, unless the person knew, or should have known at the time that the statement was made, that it was false in a material respect or the person acted in reckless disregard of the statement's truth or falsity.
MS Code § 75-71-508 (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 71 - Mississippi Securities Act of 2010|Article 5 - Fraud and liabilities|§ 75-71-508. Criminal penalties

 Criminal penalties. A person that willfully violates this chapter except Section 75-71-504 or the notice filing requirements of Section 75-71-302 or Section 75-71-405, or that willfully violates Section 75-71-505 knowing the statement made to be false or misleading in a material respect, upon conviction, shall be fined not more than the amount set forth in Section 75-71-613 or imprisoned not more than five (5) years, or both.An individual convicted of violating a rule or order under this chapter may be fined, but may not be imprisoned, if the individual did not have knowledge of the rule or order.Each violation shall be considered as a separate offense in a single proceeding or a series of related proceedings.   Criminal referral not required. The Attorney General with or without a referral from the administrator, may institute criminal proceedings under this chapter.The attorneys duly employed by the administrator may be appointed by the Attorney General or the proper prosecuting attorney or local district attorney to act as special prosecutors in criminal proceedings.   No limitation on other criminal enforcement. This chapter does not limit the power of this state to punish a person for conduct that constitutes a crime under other laws of this state.
MS Code § 75-71-601 (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 71 - Mississippi Securities Act of 2010|Article 6 - Administration and Judicial Review|§ 75-71-601. Administration

 Administration. The administrator shall administer this chapter.   Unlawful use of records or information. It is unlawful for the administrator or an officer, employee, or designee of the administrator to use for personal benefit or the benefit of others records or other information obtained by or filed with the administrator that are not public under Section 75-71-607(b).This chapter does not authorize the administrator or an officer, employee, or designee of the administrator to disclose the record or information, except in accordance with Section 75-71-602, 75-71-607(c), or 75-71-608.   No privilege or exemption created or diminished. This chapter does not create or diminish a privilege or exemption that exists at common law, by statute or rule, or otherwise.   Investor education. The administrator may develop and implement investor education initiatives to inform the public about investing in securities, with particular emphasis on the prevention and detection of securities fraud.In developing and implementing these initiatives, the administrator may collaborate with public and nonprofit organizations with an interest in investor education.The administrator may accept a grant or donation from a person that is not affiliated with the securities industry or from a nonprofit organization, regardless of whether the organization is affiliated with the securities industry, to develop and implement investor education initiatives.This subsection does not authorize the administrator to require participation or monetary contributions of a registrant in an investor education program.
MS Code § 75-71-603 (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 71 - Mississippi Securities Act of 2010|Article 6 - Administration and Judicial Review|§ 75-71-603. Civil enforcement

 Civil action instituted by administrator. If the administrator believes that a person has engaged, is engaging, or is about to engage in an act, practice, or course of business constituting a violation of this chapter or a rule adopted or order issued under this chapter or that a person has, is, or is about to engage in an act, practice, or course of business that materially aids a violation of this chapter or a rule adopted or order issued under this chapter, the administrator may maintain an action in chancery court to enjoin the act, practice, or course of business and to enforce compliance with this chapter or a rule adopted or order issued under this chapter.   Relief available. In an action under this section and on a proper showing, the court may:    Issue a permanent or temporary injunction, restraining order, or declaratory judgment;   Order other appropriate or ancillary relief, which may include:   Order such other relief as the court considers appropriate.    An asset freeze, accounting, writ of attachment, writ of general or specific execution, and appointment of a receiver or conservator, that may be the administrator, for the defendant or the defendant's assets;   Ordering the administrator to take charge and control of a defendant's property, including investment accounts and accounts in a depository institution, rents, and profits; to collect debts; and to acquire and dispose of property;   Imposing a civil penalty of the amount set forth in Section 75-71-613 for each violation; an order of rescission, restitution, or disgorgement directed to a person that has engaged in an act, practice, or course of business constituting a violation of this chapter or the predecessor act or a rule adopted or order issued under this chapter or the predecessor act; and   Ordering the payment of prejudgment and postjudgment interest; or   No bond required. The administrator may not be required to post a bond in an action or proceeding under this chapter.
MS Code § 75-71-606 (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 71 - Mississippi Securities Act of 2010|Article 6 - Administration and Judicial Review|§ 75-71-606. Administrative files and opinions

 Public register of filings. The administrator shall maintain, or designate a person to maintain, a register of applications for registration of securities; registration statements; notice filings; applications for registration of broker-dealers, agents, investment advisers, and investment adviser representatives; notice filings by federal covered investment advisers that are or have been effective under this chapter or the predecessor act; notices of claims of exemption from registration or notice filing requirements contained in a record; orders issued under this chapter or the predecessor act; and interpretative opinions or no action determinations issued under this chapter.   Public availability. The administrator shall make all rules, forms, interpretative opinions, and orders available to the public.   Copies of public records. The administrator shall furnish a copy of a record that is a public record or a certification that the public record does not exist to a person that so requests.A rule adopted under this chapter may establish a reasonable charge for furnishing the record or certification.A copy of the record certified or a certificate by the administrator of a record's nonexistence is prima facie evidence of a record or its nonexistence.
MS Code § 75-71-607 (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 71 - Mississippi Securities Act of 2010|Article 6 - Administration and Judicial Review|§ 75-71-607. Public records; confidentiality

 Presumption of public records. Except as otherwise provided in subsection (b), records obtained by the administrator or filed under this chapter, including a record contained in or filed with a registration statement, application, notice filing, or report, are public records and are available for public examination under such rules as the administrator prescribes.   Nonpublic records. The following records are not public records and are not available for public examination under subsection (a):    A record obtained by the administrator in connection with an audit or inspection under Section 75-71-411(d) or an investigation under Section 75-71-602;   A part of a record filed in connection with a registration statement under Section 75-71-301 and Sections 75-71-303 through 75-71-305 or a record under Section 75-71-411(d) that contains trade secrets or confidential information if the person filing the registration statement or report has asserted a claim of confidentiality or privilege that is authorized by law;   A record that is not required to be provided to the administrator or filed under this chapter and is provided to the administrator only on the condition that the record will not be subject to public examination or disclosure;   A nonpublic record received from a person specified in Section 75-71-608(a);   Any social security number, residential address unless used as a business address, and residential telephone number unless used as a business telephone number, contained in a record that is filed; and   A record obtained by the administrator through a designee of the administrator that a rule or order under this chapter determines has been:    Expunged from the administrator's records by the designee; or   Determined to be nonpublic or nondisclosable by that designee if the administrator finds the determination to be in the public interest and for the protection of investors.   Administrator discretion to disclose. If disclosure is for the purpose of a civil, administrative, or criminal investigation, action, or proceeding or to a person specified in Section 75-71-608(a), the administrator may disclose a record obtained in connection with an audit or inspection under Section 75-71-411(d) or a record obtained in connection with an investigation under Section 75-71-602.
MS Code § 75-71-608 (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 71 - Mississippi Securities Act of 2010|Article 6 - Administration and Judicial Review|§ 75-71-608. Uniformity and cooperation with other agencies

 Objective of uniformity. The administrator may, in its discretion, cooperate, coordinate, consult, and, subject to Section 75-71-607, share records and information with the securities regulator of another state, Canada, a Canadian province or territory, a foreign jurisdiction, the Securities and Exchange Commission, the United States Department of Justice, the Commodity Futures Trading Commission, the Federal Trade Commission, the Securities Investor Protection Corporation, a self-regulatory organization, a national or international organization of securities regulators, a federal or state banking or insurance regulator, and a governmental law enforcement or regulatory agency to effectuate greater uniformity in securities matters among the federal government, self-regulatory organizations, states, and foreign governments.   Policies to consider. In cooperating, coordinating, consulting, and sharing records and information under this section and in acting by rule, order, or waiver under this chapter, the administrator shall, in its discretion, take into consideration in carrying out the public interest the following general policies:    Maximizing effectiveness of regulation for the protection of investors;   Maximizing uniformity in federal and state regulatory standards; and   Minimizing burdens on the business of capital formation, without adversely affecting essentials of investor protection.   Holding a joint administrative hearing;   Instituting and prosecuting a joint civil or administrative proceeding;   Sharing and exchanging personnel;   Coordinating registrations under Sections 75-71-301 and 75-71-401 through 75-71-404 and exemptions under Section 75-71-203;   Sharing and exchanging records, subject to Section 75-71-607;   Formulating rules, statements of policy, guidelines, forms, and interpretative opinions and releases;   Formulating common systems and procedures;   Notifying the public of proposed rules, forms, statements of policy, and guidelines;   Attending conferences and other meetings among securities regulators, which may include representatives of governmental and private sector organizations involved in capital formation, deemed necessary or appropriate to promote or achieve uniformity; and   Developing and maintaining a uniform exemption from registration for small issuers, and taking other steps to reduce the burden of raising investment capital by small businesses.    Subjects for cooperation. The cooperation, coordination, consultation, and sharing of records and information authorized by this section includes:   Establishing or employing one or more designees as a central depository for registration and notice filings under this chapter and for records required or allowed to be maintained under this chapter;   Developing and maintaining uniform forms;   Conducting a joint examination or investigation;
MS Code § 75-71-609 (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 71 - Mississippi Securities Act of 2010|Article 6 - Administration and Judicial Review|§ 75-71-609. Judicial review

 Petition for judicial review of order; venue; scope of review. Any person aggrieved by a final order of the administrator may obtain a review of the order in the Chancery Court of the First Judicial District of Hinds County, Mississippi, by filing in court, within sixty (60) days after the entry of the order, a written petition praying that the order be modified or set aside in whole or in part.A copy of the petition shall be forthwith served upon the administrator and thereupon the administrator shall certify and file in court a copy of the filing and evidence upon which the order was entered.When these have been filed, the court has exclusive jurisdiction to affirm, modify, enforce or set aside the order, in whole or in part.The findings of the administrator as to the facts, if supported by competent material and substantial evidence, are conclusive.   Adduction of additional evidence. If either party applies to the court for leave to adduce additional material evidence, and shows to the satisfaction of the court that there were reasonable grounds for failure to adduce the evidence in the hearing before the administrator, the court may order the additional evidence to be taken before the administrator and to be adduced upon the hearing in such manner and upon such conditions as the court considers proper.The administrator may modify his findings and order by reason of the additional evidence and shall file in court the additional evidence together with any modified or new findings or order.   Stay of administrative order under review. The commencement of proceedings under subsection (a) does not, unless specifically ordered by the court, operate as a stay of the administrator's order.
MS Code § 75-71-611 (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 71 - Mississippi Securities Act of 2010|Article 6 - Administration and Judicial Review|§ 75-71-611. Service of process

 Signed consent to service of process. A consent to service of process complying with this section required by this chapter must be signed and filed in the form required by a rule or order under this chapter.A consent appointing the administrator the person's agent for service of process in a noncriminal action or proceeding against the person, or the person's successor or personal representative under this chapter or a rule adopted or order issued under this chapter after the consent is filed, has the same force and validity as if the service were made personally on the person filing the consent.A person that has filed a consent complying with this subsection in connection with a previous application for registration or notice filing need not file an additional consent.   Conduct constituting appointment of agent for service. If a person, including a nonresident of this state, engages in an act, practice, or course of business prohibited or made actionable by this chapter or a rule adopted or order issued under this chapter and the person has not filed a consent to service of process under subsection (a), the act, practice, or course of business constitutes the appointment of the administrator as the person's agent for service of process in a noncriminal action or proceeding against the person or the person's successor or personal representative.   Procedure for service of process. Service under subsection (a) or (b) may be made by providing a copy of the process to the office of the administrator, but it is not effective unless:    The plaintiff, which may be the administrator, promptly sends notice of the service and a copy of the process, return receipt requested, to the defendant or respondent at the address set forth in the consent to service of process or, if a consent to service of process has not been filed, at the last known address, or takes other reasonable steps to give notice; and   The plaintiff files an affidavit of compliance with this subsection (c) in the action or proceeding on or before the return day of the process, if any, or within the time that the court, or the administrator in a proceeding before the administrator, allows.    Service in administrative proceedings or civil actions by administrator. Service pursuant to subsection (c) may be used in a proceeding before the administrator or by the administrator in a civil action in which the administrator is the moving party.   Opportunity to defend. If process is served under subsection (c), the court, or the administrator in a proceeding before the administrator, shall order continuances as are necessary or appropriate to afford the defendant or respondent reasonable opportunity to defend.
MS Code § 75-71-612 (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 71 - Mississippi Securities Act of 2010|Article 6 - Administration and Judicial Review|§ 75-71-612. Severability clause

 If any provision of this chapter or its application to any person or circumstances is held invalid, the invalidity does not affect other provisions or applications of this chapter that can be given effect without the invalid provision or application, and to this end the provisions of this chapter are severable.
MS Code § 75-71-613 (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 71 - Mississippi Securities Act of 2010|Article 6 - Administration and Judicial Review|§ 75-71-613. Amounts of civil and criminal penalties

 Amount of civil disciplinary penalties imposed - registrants. The amount of the civil penalty or fine described in Section 75-71-412(c) is a maximum of Twenty-five Thousand Dollars ($25,000.00) for each violation.   Amount of criminal penalties under Section 75-71-508. The amount of the criminal penalty or fine described in Section 75-71-508 is not more than Twenty-five Thousand Dollars ($25,000.00) for each violation.   Amount of civil penalty under Section 75-71-603 - civil enforcement. The amount of the civil penalty described in Section 75-71-603(b)(2)(C) is a maximum of Twenty-five Thousand Dollars ($25,000.00) for each violation, provided that an additional civil penalty may be imposed up to a maximum of Fifteen Thousand Dollars ($15,000.00) for violations of the chapter committed against elders or disabled persons.   Amount of civil penalty and further civil penalty under Section 75-71-604 - administrative enforcement. (1) The amount of the civil penalty described in Section 75-71-604(d) is a maximum of Twenty-five Thousand Dollars ($25,000.00) for each violation, provided that an additional civil penalty may be imposed up to a maximum of Fifteen Thousand Dollars ($15,000.00) for violations of the chapter committed against elders or disabled persons.   The amount of the further civil penalty described in Section 75-71-604(g) is a maximum of Twenty-five Thousand Dollars ($25,000.00) for each violation.
MS Code § 75-71-701 (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 71 - Mississippi Securities Act of 2010|Article 7 - Transition|§ 75-71-701. Application of chapter to existing proceeding and existing rights and duties

 Applicability of predecessor chapter to pending proceedings and existing rights.The predecessor chapter exclusively governs all actions or proceedings that are pending on January 1, 2010, or may be instituted on the basis of conduct occurring before January 1, 2010, but a private civil action may not be maintained to enforce any liability under the predecessor chapter unless instituted within any period of limitation that applied when the cause of action accrued or within five (5) years after January 1, 2010, whichever is earlier. This time limitation shall not apply to a civil enforcement action or an administrative enforcement action instituted by the administrator under Section 75-71-603 or Section 75-71-604.   Continued effectiveness under predecessor chapter.All effective registrations under the predecessor chapter, all administrative orders relating to the registrations, rules, statements of policy, interpretative opinions, declaratory rulings, no-action determinations, and conditions imposed on the registrations under the predecessor chapter remain in effect while they would have remained in effect if this chapter had not been enacted. They are considered to have been filed, issued, or imposed under this chapter, but are exclusively governed by the predecessor chapter.   Applicability of predecessor chapter to offers or sales.The predecessor chapter exclusively applies to an offer or sale made within one (1) year after January 1, 2010, pursuant to an offering made in good faith before January 1, 2010, on the basis of an exemption available under the predecessor chapter.   For the purposes of this chapter, "predecessor chapter" means Chapter 71 of Title 75, Mississippi Code of 1972, as it existed on December 31, 2009.
MS Code § 75-72-101 (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 72 - Business Takeovers|Business Tender Offer Law of 1980|§ 75-72-101. Short title

 Sections 75-72-101 through 75-72-121 may be cited as the "Mississippi Business Tender Offer Law of 1980."