reglab/housing_qa huggingface dataset:
MS Code § 79-10-67 (2020)
2020 Mississippi Code|Title 79 - Corporations, Associations, and Partnerships|Chapter 10 - Mississippi Professional Corporation Act|Article 4 - Governance|§ 79-10-67. Responsibility for professional services

  Each individual who renders professional services as an employee of a domestic or foreign professional corporation is liable for a negligent or wrongful act or omission in which he personally participates to the same extent as if he rendered the services as a sole practitioner. An employee or shareholder of a domestic or foreign professional corporation is not liable, however, for the conduct of other employees or shareholders of the corporation, except a person under his direct supervision and control, while rendering professional services on behalf of the professional corporation to the person for whom such professional services were being rendered.   A domestic or foreign professional corporation whose employees perform professional services within the scope of their employment or of their apparent authority to act for the corporation is liable to the same extent as its employees.
MS Code § 79-10-81 (2020)
2020 Mississippi Code|Title 79 - Corporations, Associations, and Partnerships|Chapter 10 - Mississippi Professional Corporation Act|Article 5 - Reorganization and Termination|§ 79-10-81. Merger

  If all the shareholders of the disappearing and surviving corporations are qualified to be shareholders of the surviving corporation, a professional corporation may merge with another domestic or foreign professional corporation or with a domestic or foreign business corporation.   If the surviving corporation is to render professional services in this state, it must comply with this chapter.
MS Code § 79-10-83 (2020)
2020 Mississippi Code|Title 79 - Corporations, Associations, and Partnerships|Chapter 10 - Mississippi Professional Corporation Act|Article 5 - Reorganization and Termination|§ 79-10-83. Termination of professional activities

 If a professional corporation ceases to render professional services, it must amend its articles of incorporation to delete references to rendering professional services and to conform its corporate name to the requirements of Section 79-4-4.01, Mississippi Code of 1972. After the amendment becomes effective, the corporation may continue in existence as a business corporation under the Mississippi Business Corporation Act and it is no longer subject to this chapter.
MS Code § 79-10-85 (2020)
2020 Mississippi Code|Title 79 - Corporations, Associations, and Partnerships|Chapter 10 - Mississippi Professional Corporation Act|Article 5 - Reorganization and Termination|§ 79-10-85. Judicial dissolution

 The Attorney General may commence a proceeding under Sections 79-4-14.30 through 79-4-14.33, Mississippi Code of 1972, to dissolve a professional corporation if:   The Secretary of State or a licensing authority with jurisdiction over a professional service described in the corporation's articles of incorporation serves written notice on the corporation under Section 79-4-5.04, Mississippi Code of 1972, that it has violated or is violating a provision of this chapter;   The corporation does not correct each alleged violation, or demonstrate to the reasonable satisfaction of the Secretary of State or licensing authority that it did not occur, within sixty (60) days after service of the notice is perfected under Section 79-4-5.04, Mississippi Code of 1972; and   The Secretary of State or licensing authority certifies to the Attorney General a description of the violation, that it notified the corporation of the violation, and that the corporation did not correct it, or demonstrate that it did not occur, within sixty (60) days after perfection of service of the notice.
MS Code § 79-10-91 (2020)
2020 Mississippi Code|Title 79 - Corporations, Associations, and Partnerships|Chapter 10 - Mississippi Professional Corporation Act|Article 6 - Foreign Professional Corporations|§ 79-10-91. Authority to transact business

  A foreign professional corporation may not transact business in this state until it obtains a certificate of authority from the Secretary of State.   A foreign professional corporation may not obtain a certificate of authority unless:   Its corporate name satisfies the requirements of Section 79-10-21;   It is incorporated for one or more of the purposes described in Section 79-10-13; and   All of its shareholders would be qualified persons if the foreign professional corporation were a domestic professional corporation.
MS Code § 79-10-93 (2020)
2020 Mississippi Code|Title 79 - Corporations, Associations, and Partnerships|Chapter 10 - Mississippi Professional Corporation Act|Article 6 - Foreign Professional Corporations|§ 79-10-93. Application for certificate of authority

 The application of a foreign professional corporation for a certificate of authority to render professional services in this state must contain the information called for by Section 79-4-15.03, Mississippi Code of 1972, and in addition include a statement that all of its shareholders meet the requirements of Section 79-10-91(2)(c).
MS Code § 79-10-95 (2020)
2020 Mississippi Code|Title 79 - Corporations, Associations, and Partnerships|Chapter 10 - Mississippi Professional Corporation Act|Article 6 - Foreign Professional Corporations|§ 79-10-95. Revocation of certificate of authority

 The Secretary of State may administratively revoke under Sections 79-4-15.30 through 79-4-15.32, Mississippi Code of 1972, the certificate of authority of a foreign professional corporation authorized to transact business in this state if a licensing authority with jurisdiction over a professional service described in the corporation's articles of incorporation certifies to the Secretary of State that the corporation has violated or is violating a provision of this chapter and describes the violation. Such administrative revocation may be challenged by the professional corporation in the chancery court of the county where the professional corporation maintains its principal place of business.
MS Code § 79-10-101 (2020)
2020 Mississippi Code|Title 79 - Corporations, Associations, and Partnerships|Chapter 10 - Mississippi Professional Corporation Act|Article 7 - Miscellaneous Regulatory Provisions|§ 79-10-101. Annual report to Secretary of State

 The annual report required by Section 79-4-16.22, Mississippi Code of 1972, for each domestic professional corporation, and for each foreign professional corporation authorized to transact business in this state, must include a statement that all of its shareholders are qualified persons with respect to the corporation or in the case of a foreign professional corporation that all of its shareholders meet the requirements of Section 79-10-91(2)(c).
MS Code § 79-10-103 (2020)
2020 Mississippi Code|Title 79 - Corporations, Associations, and Partnerships|Chapter 10 - Mississippi Professional Corporation Act|Article 7 - Miscellaneous Regulatory Provisions|§ 79-10-103. Rulemaking by licensing authority

 Each licensing authority is empowered to promulgate rules expressly authorized by this chapter if the rules are consistent with the public interest or required by the public health or welfare or by generally recognized standards of professional conduct.
MS Code § 79-10-105 (2020)
2020 Mississippi Code|Title 79 - Corporations, Associations, and Partnerships|Chapter 10 - Mississippi Professional Corporation Act|Article 7 - Miscellaneous Regulatory Provisions|§ 79-10-105. Licensing authority's regulatory jurisdiction

 This chapter does not restrict the jurisdiction of a licensing authority over individuals rendering a professional service within the jurisdiction of the licensing authority, nor does it affect the interpretation or application of any law pertaining to standards of professional conduct.
MS Code § 79-10-111 (2020)
2020 Mississippi Code|Title 79 - Corporations, Associations, and Partnerships|Chapter 10 - Mississippi Professional Corporation Act|Article 8 - Transitional Provisions|§ 79-10-111. Application to existing corporations

  Except as otherwise provided in this section, this chapter applies to professional corporations in existence on July 1, 1995. A professional corporation in existence on July 1, 1995, may, but is not required to, amend its articles of incorporation to comply with this chapter. If a professional corporation in existence on July 1, 1995, amends its articles of incorporation for any purpose after July 1, 1995, it must also amend its articles of incorporation to comply with this chapter.   This chapter does not apply to a corporation now existing or later incorporated under a law of this state that is not a professional corporation unless the corporation elects professional corporation status under Section 79-10-11.   This chapter does not affect an existing or future right or privilege to render professional services through the use of any other form of business entity.   Unless otherwise specifically provided by an amendment to the articles of incorporation, for professional corporations in existence on July 1, 1995, Sections 79-10-39, 79-10-41 and 79-10-43 shall be applied by substituting the term "book value" for the term "fair value" in such sections only. Book value shall be determined from the books and records of the professional corporation in accordance with the regular method of accounting used by the professional corporation and shall be determined as of the end of the month immediately preceding the death or disqualification of the shareholder.
MS Code § 79-10-113 (2020)
2020 Mississippi Code|Title 79 - Corporations, Associations, and Partnerships|Chapter 10 - Mississippi Professional Corporation Act|Article 8 - Transitional Provisions|§ 79-10-113. Reservation of power to amend or repeal

 The Mississippi Legislature has power to amend or repeal all or part of this chapter at any time and all domestic and foreign professional corporations subject to this chapter are governed by the amendment or repeal.
MS Code § 79-10-115 (2020)
2020 Mississippi Code|Title 79 - Corporations, Associations, and Partnerships|Chapter 10 - Mississippi Professional Corporation Act|Article 8 - Transitional Provisions|§ 79-10-115. Saving provisions

  Except as provided in subsection (2), the repeal of a statute by this chapter does not affect:   The operation of the statute or any action taken under it before its repeal;   Any ratification, right, remedy, privilege, obligation or liability acquired, accrued or incurred under the statute before its repeal;   Any violation of the statute, or any penalty, forfeiture or punishment incurred because of the violation, before its repeal;   Any proceeding, reorganization or dissolution commenced under the statute before its repeal, and the proceeding, reorganization or dissolution may be completed in accordance with the statute as if it had not been repealed.     If a penalty or punishment imposed for violation of a statute repealed by this chapter is reduced by this chapter, the penalty or punishment if not already imposed shall be imposed in accordance with this chapter.
MS Code § 79-10-117 (2020)
2020 Mississippi Code|Title 79 - Corporations, Associations, and Partnerships|Chapter 10 - Mississippi Professional Corporation Act|Article 8 - Transitional Provisions|§ 79-10-117. Severability

 If any provision of this chapter or its application to any person or circumstance is held invalid by a court of competent jurisdiction, 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 § 79-11-23 (2020)
2020 Mississippi Code|Title 79 - Corporations, Associations, and Partnerships|Chapter 11 - Nonprofit, Nonshare Corporations and Religious Societies|General Provisions|§ 79-11-23.

 §§79-11-25 through79-11-29. [Codes, 1942, §§ 5324-07 to 5324-09; Laws, 1964, ch. 268, §§ 7-9]   Editor's Notes -   For text of the Mississippi Nonprofit Corporation Act, which became effective January 1, 1988, see §§ 79-11-101 et seq.
MS Code § 79-11-31 (2020)
2020 Mississippi Code|Title 79 - Corporations, Associations, and Partnerships|Chapter 11 - Nonprofit, Nonshare Corporations and Religious Societies|General Provisions|§ 79-11-31. Religious societies

  Any religious society, consisting of the members of any particular denomination or congregation, desiring to act as an organized body may do so by associating together and electing or appointing from its membership any number of officers, trustees, or managers, by whatever name known, for the purpose of managing the affairs of the society. Such society or association shall keep a record of its proceedings, which shall show the name of the society, its organization, and the election of the officers, trustees, or managers; but the society so organized at each particular locality shall be a distinct and independent society. Any society so organized may sue and be sued by its society name or appellation, and process may be served on its presiding or chief officer, or secretary, or on the trustees or manager.  Upon the completion of the organization of any such society, the title to the real property theretofore owned by it shall thereupon vest in the society as hereunder organized, and shall not be divested out of the same, or encumbered, except by a deed, deed of trust, or mortgage duly executed under the authority of a resolution adopted by a majority vote of the members present at a meeting duly called for that purpose, at which meeting at least twenty percent (20%) of the members in good standing of such organized society must be present. The minutes of such meeting shall be entered in the official record book of such society, and the aforesaid resolution shall designate which officers, trustees or managers of such society are to execute such deed, deed of trust, or mortgage.   The provisions of this subsection shall also apply to all real property acquired by any such society after its organization hereunder.    Whenever any number of religious societies or organized bodies or congregations formed under subsection (1) of this section shall decide to act together as an organized body, they may do so in the manner provided in subsection (1) by and through representatives elected or appointed for that purpose, and when so organized shall likewise be a distinct and independent society or group, by whatever name called, and subject to sue and be sued and be served with process in the same manner.  Any such body shall likewise have the right to own all, but only, those properties permitted under Section 79-11-33 of the Mississippi Code of 1972.
MS Code § 79-11-33 (2020)
2020 Mississippi Code|Title 79 - Corporations, Associations, and Partnerships|Chapter 11 - Nonprofit, Nonshare Corporations and Religious Societies|General Provisions|§ 79-11-33. Religious societies may own certain property

 Any religious society, ecclesiastical body and/or any congregation thereof may hold and own the following real property, but no other, viz.:   Each house or building used as a place of worship, with a reasonable quantity of ground annexed to such building or house.   Each house or building, together with a reasonable quantity of ground thereto annexed, used:   As a parish house;   As a community facility;   As a Sunday school facility;   As an educational facility;   For the care of children on a nonprofit basis.   Each house used for a place of residence for its minister, bishop or representative, together with a reasonable quantity of ground thereto annexed. For purposes of this paragraph, the term "minister" shall mean a minister, priest, pastor, rabbi, nun or other clergy who: (i) has been duly ordained, licensed or qualified according to the principles and procedures prescribed by his religious society, (ii) is regularly engaged as a vocation in preaching and teaching the beliefs of his religious society, in administering its rites and sacraments, and in conducting public worship services in the tradition of his religious society, and (iii) who discharges the duties of a minister in the tradition of his religious society.   A hospital or infirmary and a nurses' home in connection therewith, together with a reasonable quantity of ground thereto annexed.   All buildings used by a school, college or seminary of learning contiguous to and/or a part of the college or seminary plant, for administration, classrooms, laboratories, observatories, dormitories, and for housing the faculty and students thereof, together with a reasonable quantity of land in connection therewith.   All buildings used for an orphan asylum or institution, together with a reasonable quantity of ground used in connection therewith.   All buildings used for a campground or assembly for religious purposes, together with a reasonable quantity of land in connection therewith.   Lands for a cemetery or cemeteries of sufficient dimensions.   All buildings and grounds used for denominational headquarters and/or administrative purposes, together with a reasonable quantity of ground annexed thereto. The title to any buildings and grounds heretofore acquired under this subsection shall not be hereafter held invalid because of the lack of authority of the owner thereof to obtain or hold such title. Provided, however, that the provisions of this subsection shall not affect any pending litigation.   Any land which is maintained and used as a parking area for the convenience of the members of the congregation, church, cathedral, mission or other unit or administrative unit from which the society receives no revenue, fee, charge or assessment. The land on which the parking area is located may be noncontiguous to the land on which the building used as the place of worship is located.
MS Code § 79-11-37 (2020)
2020 Mississippi Code|Title 79 - Corporations, Associations, and Partnerships|Chapter 11 - Nonprofit, Nonshare Corporations and Religious Societies|General Provisions|§ 79-11-37.

 Editor's Notes -   For text of the Mississippi Nonprofit Corporation Act which became effective January 1, 1988, see §§ 79-11-101 et seq.
MS Code § 79-11-43 (2020)
2020 Mississippi Code|Title 79 - Corporations, Associations, and Partnerships|Chapter 11 - Nonprofit, Nonshare Corporations and Religious Societies|General Provisions|§ 79-11-43. Designation as "perpetual religious society trust funds religious societies."

 All such organizations subject to the provisions of Sections 79-11-41 through 79-11-47 shall be, for the purposes hereof, designated as "perpetual religious society trust fund religious societies."
MS Code § 79-11-45 (2020)
2020 Mississippi Code|Title 79 - Corporations, Associations, and Partnerships|Chapter 11 - Nonprofit, Nonshare Corporations and Religious Societies|General Provisions|§ 79-11-45. Operation and establishment of a perpetual religious society trust fund

  Every religious society, subject to the provisions of Sections 79-11-41 through 79-11-47, which is organized, commences or continues to operate in the State of Mississippi after July 1, 1994, and desires to avail itself of the benefits of Sections 79-11-41 through 79-11-47, may provide for the creation and establishment of an irrevocable perpetual religious society trust fund, the principal of which shall permanently remain intact except as hereinafter provided and only the income thereof shall be devoted to the perpetual care of the grounds and buildings of such religious society or which may be used to further the religious purposes of such religious society, and which principal shall be known as the perpetual care fund of such religious society. This fund shall be created and established from funds collected by or donated to the religious society.   The perpetual religious society trust fund shall be permanently set aside in trust to be administered under the jurisdiction of the chancery court of the chancery court district wherein the religious society is located. The chancery courts so having jurisdiction shall have full jurisdiction over the reports and accounting of trustees, amount of surety bond required, if any, and investment of funds. The courts may waive the surety bond and control of investments in the case of trusts placed with an established bank or corporate trustee. Only the income from such fund shall be used for the care and maintenance or to further the religious purposes of the religious society for which it was established.
MS Code § 79-11-51 (2020)
2020 Mississippi Code|Title 79 - Corporations, Associations, and Partnerships|Chapter 11 - Nonprofit, Nonshare Corporations and Religious Societies|Conduct of Private Foundations|§ 79-11-51. Prohibited acts

 No corporation which is a "private foundation," as defined in Section 509(a) of the United States Internal Revenue Code shall:   Engage in any act of "self-dealing," as defined in Section 4941(d) of the United States Internal Revenue Code, which would give rise to any liability for the tax imposed by Section 4941(a) of the United States Internal Revenue Code;   Retain any "excess business holdings," as defined in Section 4943(c) of the United States Internal Revenue Code, which would give rise to any liability for the tax imposed by Section 4943(a) of the United States Internal Revenue Code;   Make any investment which would jeopardize the carrying out of any of its exempt purposes, within the meaning of Section 4944 of the United States Internal Revenue Code, so as to give rise to any liability for the tax imposed by Section 4944(a) of the United States Internal Revenue Code; and   Make any "taxable expenditures," as defined in Section 4945(d) of the United States Internal Revenue Code which would give rise to any liability for the tax imposed by Section 4945(a) of the United States Internal Revenue Code.
MS Code § 79-11-53 (2020)
2020 Mississippi Code|Title 79 - Corporations, Associations, and Partnerships|Chapter 11 - Nonprofit, Nonshare Corporations and Religious Societies|Conduct of Private Foundations|§ 79-11-53. Distribution of amounts to avoid tax liability

 Each corporation which is a "private foundation," as defined in Section 509 of the United States Internal Revenue Code shall distribute, for the purposes specified in its articles of organization, for each taxable year, amounts at least sufficient to avoid liability for the tax imposed by Section 4942(a) of the United States Internal Revenue Code.
MS Code § 79-11-59 (2020)
2020 Mississippi Code|Title 79 - Corporations, Associations, and Partnerships|Chapter 11 - Nonprofit, Nonshare Corporations and Religious Societies|Conduct of Private Foundations|§ 79-11-59. Rights and powers of courts and attorney general

 Nothing in Sections 79-11-51 through 79-11-61 shall impair the rights and powers of the courts or the attorney general of this state with respect to any corporation.
MS Code § 79-11-61 (2020)
2020 Mississippi Code|Title 79 - Corporations, Associations, and Partnerships|Chapter 11 - Nonprofit, Nonshare Corporations and Religious Societies|Conduct of Private Foundations|§ 79-11-61. References to United States Internal Revenue Code

 All references to sections of the United States Internal Revenue Code shall be to such law as it exists as of May 4, 1972.
MS Code § 79-11-101 (2020)
2020 Mississippi Code|Title 79 - Corporations, Associations, and Partnerships|Chapter 11 - Nonprofit, Nonshare Corporations and Religious Societies|Mississippi Nonprofit Corporation Act|§ 79-11-101. Short title

 Section 79-11-101 et seq. shall be known and may be cited as the "Mississippi Nonprofit Corporation Act."
MS Code § 79-11-103 (2020)
2020 Mississippi Code|Title 79 - Corporations, Associations, and Partnerships|Chapter 11 - Nonprofit, Nonshare Corporations and Religious Societies|Mississippi Nonprofit Corporation Act|§ 79-11-103. Amendments and repeals

 The Mississippi Legislature has power to amend or repeal all or part of Section 79-11-101 et seq. at any time and all domestic and foreign corporations subject to Section 79-11-101 et seq. are governed by the amendment or repeal.