reglab/housing_qa huggingface dataset:
MS Code § 75-24-53 (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 24 - Regulation of Business for Consumer Protection|Pyramid Sales Schemes; Cancellation of Franchises|§ 75-24-53. Sales of participation in pyramid sales scheme forbidden; franchises to be terminated only on ninety days' notice

 No person who has granted a franchise to another person shall cancel or otherwise terminate any such franchise agreement without notifying such person of the cancellation, termination or failure to renew in writing at least ninety (90) days in advance of the cancellation, termination or failure to renew, except that when criminal misconduct, fraud, abandonment, bankruptcy or insolvency of the franchisee, or the giving of a no account or insufficient funds check is the basis or grounds for cancellation or termination, the ninety-day notice shall not be required.
MS Code § 75-24-55 (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 24 - Regulation of Business for Consumer Protection|Pyramid Sales Schemes; Cancellation of Franchises|§ 75-24-55. Statements by franchisors as to past or potential earnings

 Franchise companies shall not represent directly or by implication that prospective participants may or will earn any stated gross or net amount, or represent in any manner, the past earnings of participants unless in fact the past earnings or predicted gross or net amount represented are those of a substantial number of participants in the community or geographical area in which the representations are made and accurately reflect the average earnings of those participants under circumstances similar to those of the participant or prospective participant to whom the representation is made.
MS Code § 75-24-57 (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 24 - Regulation of Business for Consumer Protection|Pyramid Sales Schemes; Cancellation of Franchises|§ 75-24-57. Sales contract for pyramid sales scheme void; actions for damages

 Any sales contract for a pyramid sales scheme made in violation of Section 75-24-53 is void and any person who, directly or through the use of agents or intermediaries, induces or causes another person to participate in a pyramid sales scheme will be subject to the remedy and proceedings authorized in Section 75-24-15.   A franchisee suffering damage as a result of the failure to give notice as required of the cancellation or termination of a franchise, may institute legal proceedings under the provisions of Sections 75-24-51 through 75-24-61 against the franchisor who canceled or terminated his franchise in the county in which the franchisor or his agent resides or can be located or where the franchisee resides. When the franchisee prevails in any such action he may be awarded a recovery of damages sustained to include loss of goodwill, costs of the suit, and any equitable relief that the court deems proper.
MS Code § 75-24-59 (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 24 - Regulation of Business for Consumer Protection|Pyramid Sales Schemes; Cancellation of Franchises|§ 75-24-59. Injunctive relief

 In addition to other penalties and remedies provided in Sections 75-24-51 through 75-24-61, whenever it appears that any person is engaged or is about to engage in any act or practice which is prohibited by Sections 75-24-51 through 75-24-61, the Attorney General may bring an action in the name of the state pursuant to the provisions of Section 75-24-9 in order to enjoin any such act or practice.
MS Code § 75-24-61 (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 24 - Regulation of Business for Consumer Protection|Pyramid Sales Schemes; Cancellation of Franchises|§ 75-24-61. Penalties

 Any person willfully violating any of the provisions of Section 75-24-53 is guilty of a misdemeanor and, upon conviction, shall be punished by a fine of not more than Five Hundred Dollars ($500.00) or by imprisonment in the county jail for a term not to exceed six (6) months or by both such fine and imprisonment.
MS Code § 75-24-63 (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 24 - Regulation of Business for Consumer Protection|Pyramid Sales Schemes; Cancellation of Franchises|§ 75-24-63. Provisions not applicable to retailers covered under Inventory Repurchase Law

 Sections 75-24-51 through 75-24-61, Mississippi Code of 1972, shall not apply to retailers as defined in Section 75-77-1, Mississippi Code of 1972.
MS Code § 75-24-71 (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 24 - Regulation of Business for Consumer Protection|Pyramid promotional schemes|§ 75-24-71. Definitions

 As used in Sections 75-24-71through 75-24-77, the following words and phrases shall have the meaningsas described in this section, unless the context clearly indicatesotherwise:   "Bona fide inventoryrepurchase program" means a program by which an entity repurchasesfrom a salesperson current and marketable inventory in the possessionof the salesperson, upon request and upon commercially reasonableterms, when the salesperson's business relationship is terminated.   "Commerciallyreasonable terms" means the repurchase of current and marketableinventory within twelve (12) months after the date of purchase atnot less than ninety percent (90%) of the original net cost, lessappropriate set-offs and legal claims, if any.   "Compensation"means a payment of any money, thing of value, or financial benefitconferred in return for inducing another person to participate ina pyramid promotional scheme.   "Consideration"as used in Sections 75-24-71 through 75-24-77 means the payment ofcash or the purchase of goods, services, or intangible property. Theterm does not include the purchase of goods or services furnishedat cost to be used in making sales and not for resale, or time andeffort spent in pursuit of sales or recruiting activities.   "Inventory"includes both goods and services, including company-produced promotionalmaterials, sales aids, and sales kits that an entity requires independentsalespersons to purchase.   "Inventory loading"means the requirement or encouragement by a plan or operation thatits independent salesperson purchase inventory in an amount that exceedsthe amount that the salesperson can expect to resell for ultimateconsumption or to use or consume in a reasonable time period, or both.   "Promote"means to contrive, prepare, establish, plan, operate, advertise, orotherwise induce or attempt to induce another person to participatein a pyramid promotional scheme.   "Pyramid promotionalscheme" means any plan or operation by which a person givesconsideration for the opportunity to receive compensation that isderived primarily from the introduction of other persons into theplan or operation rather than from the sale and consumption of goods,services, or intangible property by a participant or other personsintroduced into the plan or operation. The term includes any planor operation under which the number of people who may participateis limited either expressly or by the application of conditions affectingthe eligibility of a person to receive compensation under the planor operation, or any plan or operation under which a person, on givingany consideration, obtains any goods, services, or intangible propertyin addition to the right to receive compensation.
MS Code § 75-24-73 (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 24 - Regulation of Business for Consumer Protection|Pyramid promotional schemes|§ 75-24-73. Pyramid promotional scheme prohibited

  A person may not establish,promote, or operate any pyramid promotional scheme. Any limitationregarding the number of persons who may participate or the presenceof additional conditions affecting eligibility for the opportunityto receive compensation under the plan does not change the identityof the plan as a pyramid promotional scheme.   The provisions of thissection may not be construed to prohibit a plan or operation, or todefine a plan or operation as a pyramid promotional scheme, if theparticipants in the plan or operation give consideration in returnfor the right to receive compensation based upon purchases of goods,services, or intangible property by participants for personal use,consumption, or resale if both of the following conditions are met:(a) the plan or operation does not cause inventory loading, and (b)the plan or operation implements a bona fide inventory repurchaseprogram.   An entity must clearlydescribe a bona fide inventory repurchase program in its recruitingliterature, sales manual, or contracts with independent salespersons.The recruiting literature, sales manual, or contract must discloseany inventory that is not eligible for repurchase under the program.   A bona fide inventoryrepurchase program is not required to apply to inventory that is nolonger within the inventory's commercially reasonable use orshelf life period or has been used or opened.   Before a salespersonof the entity purchases any inventory, the entity must clearly describethe inventory that is excluded from the entity's bona fideinventory repurchase program as seasonal, discontinued, or specialpromotion products and the inventory that is not subject to the entity'sbona fide inventory repurchase program.
MS Code § 75-24-75 (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 24 - Regulation of Business for Consumer Protection|Pyramid promotional schemes|§ 75-24-75. Injunctive relief

 In addition to otherpenalties and remedies provided in Sections 75-24-71 through 75-24-77,whenever it appears that any person is engaged or is about to engagein any act or practice which constitutes a pyramid sales scheme orwhich is prohibited by Sections 75-24-71 through 75-24-77, the AttorneyGeneral may bring an action in the name of the state pursuant to theprovisions of Section 75-24-9 in order to enjoin any such act or practice.
MS Code § 75-24-77 (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 24 - Regulation of Business for Consumer Protection|Pyramid promotional schemes|§ 75-24-77. Penalties

 Any person willfullyviolating any of the provisions of Section 75-24-73 is guilty of amisdemeanor and, upon conviction, shall be punished by a fine of notmore than Five Hundred Dollars ($500.00) or by imprisonment in thecounty jail for a term not to exceed six (6) months or by both suchfine and imprisonment.
MS Code § 75-24-91 (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 24 - Regulation of Business for Consumer Protection|Service Contracts|§ 75-24-91. Service contract defined; service contract not a contract for insurance and exempt from provisions of Title 83; service contract subject to Mississippi Consumer Protection Act

  The term "service contract," "home warranty" or "home service contract," as used in this section, means a contract or agreement for a separately stated consideration for a specific duration to perform the repair, replacement or maintenance of property or to reimburse, in whole or in part, the owner of such property for the repair, replacement or maintenance of property if the operational or structural failure is due to a defect in materials or manufacturing or to normal wear and tear. A service contract may contain a provision for incidental payment under such contract where service, repair or replacement is not feasible or economical.   The marketing, sale, offering for sale, issuance, making, proposing to make and administration of a service contract is not a contract of insurance under Mississippi law and is exempt from the provisions of Title 83, Mississippi Code of 1972.   Service contracts shall be subject to the provisions of the Mississippi Consumer Protection Act, Section 75-24-1 et seq.   Nothing contained herein shall repeal or alter the regulation of vehicle service contracts currently defined and regulated under Section 83-65-101 et seq.
MS Code § 75-24-101 (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 24 - Regulation of Business for Consumer Protection|Promotional Devices for Interests in Real Property|§ 75-24-101. Promotional devices for interests in real property; disclosure requirements; penalties

  No sweepstakes, lodging, certificate, gift, award, premium, discount, drawing, prize or display may be utilized as a promotional device for any interest in real property by membership, agreement, tenancy in common, sale, lease, deed, rental agreement, license, right-to-use agreement, or by any other means, without a disclosure:   That the promotional device is being used for the purposes of soliciting sales of interests in real property;   That the promotional device is being used to obtain the names and addresses of prospective purchasers and that any names and addresses acquired may be used for the purpose of soliciting sales of interests in real property;   Of the name and address of each time-sharing plan or business entity participating in the program;   Of the day and year when all prizes are to be awarded;   Of the method by which all prizes are to be awarded; and   Of the approximate value of each prize or gift that is to be awarded.     Any person, corporation or association that knowingly and willfully violates the provisions of subsection (1) of this section shall be guilty of a misdemeanor and shall upon conviction thereof be punished by a fine of not exceeding One Thousand Dollars ($1,000.00) per violation.   Any violation of subsection (1) of this section shall be considered an unfair or deceptive act in the conduct of trade or commerce and shall be subject to the rights and remedies as provided for by Chapter 24, Title 75, Mississippi Code of 1972.
MS Code § 75-24-131 (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 24 - Regulation of Business for Consumer Protection|Cancellation of Magazine Subscriptions Executed by Telephone Solicitation|§ 75-24-131. Procedure for cancellation of magazine subscriptions executed by telephone solicitation; refunds; penalty

  Any subscription agreement for the purchase of magazines or other periodicals which is made in a telephone solicitation initiated by the seller, or by a person acting on behalf of the seller, and agreed to by the purchaser at his home is subject to cancellation by the purchaser as provided in this section.   In addition to any other right to cancel a subscription (made as described in subsection (1) of this section) which the purchaser may have under the subscription agreement, he has the right to cancel the subscription within six (6) months after the date the first invoice for the cost of the subscription is received. Cancellation occurs when the purchaser gives written notice of cancellation to the seller at the seller's address, or at the address of the subscription department printed in the magazine or periodical or, if no such department is listed, at the general business address of the publication. Notice of cancellation may be given by certified or regular mail, and it is effective on the date it is received by the seller or publisher. Notice of cancellation given by the purchaser need not take a particular form and is sufficient if it indicates by any form of written expression that the purchaser wishes to terminate his subscription.   Within sixty (60) days after notice of cancellation, the seller shall refund to the purchaser any amount which has been paid for the subscription less the amount owed by the purchaser for any magazines or periodicals, and postage thereon, received by the purchaser prior to the notice of cancellation.
MS Code § 75-24-151 (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 24 - Regulation of Business for Consumer Protection|Mississippi Rental-Purchase Agreement Act|§ 75-24-151. Short title

 Sections 75-24-151 through 75-24-175 shall be known and may be cited as the Mississippi Rental-Purchase Agreement Act.
MS Code § 75-24-153 (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 24 - Regulation of Business for Consumer Protection|Mississippi Rental-Purchase Agreement Act|§ 75-24-153. Definitions

 The following words and phrases shall have the meanings ascribed herein unless the context clearly indicates otherwise:   "Advertisement" means a commercial message in any medium that aids, promotes or assists, directly or indirectly, a rental-purchase agreement.   "Cash price" means the price at which the lessor would have sold the property to the consumer for cash on the date of the rental-purchase agreement.   "Consumer" means a natural person who rents personal property under a rental-purchase agreement to be used primarily for personal, family or household purposes.   "Consummation" means the time a consumer becomes contractually obligated on a rental-purchase agreement.   "Lessor" means a person who regularly provides the use of property through rental-purchase agreements and to whom periodic rental payments are initially payable on the face of the rental-purchase agreement.   "Rental-Purchase Agreement" means an agreement for the use of personal property by a natural person primarily for personal, family or household purposes, for an initial period of four (4) months or less that is automatically renewable with each payment after the initial period, but does not obligate or require the consumer to continue renting or using the property beyond the initial period, and that permits the consumer to become the owner of the property.
MS Code § 75-24-155 (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 24 - Regulation of Business for Consumer Protection|Mississippi Rental-Purchase Agreement Act|§ 75-24-155. Applicability of other laws; inapplicability to particular leases

  Rental-purchase agreements as defined in Sections 75-24-151 through 75-24-175 are not governed by the laws relating to:   A consumer credit sale as defined in Section 75-66-1(2);   Loans, interest, finance charges, credit or installment sales as those terms are used in Mississippi statutes;   A security interest as defined in Section 75-1-201 of the Uniform Commercial Code.     Sections 75-24-151 through 75-24-175 do not apply to the following:   Rental-purchase agreements primarily for business, commercial or agricultural purposes, or those made with governmental agencies or instrumentalities or with organizations;   A lease of a safe deposit box;   A lease or bailment of personal property which is incidental to the lease of real property and which provides that the consumer has no option to purchase the leased property; or   A lease of an automobile.
MS Code § 75-24-157 (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 24 - Regulation of Business for Consumer Protection|Mississippi Rental-Purchase Agreement Act|§ 75-24-157. Duties of lessors as to disclosure of information generally

  The lessor shall disclose to the consumer the information required by Sections 75-24-151 through 75-24-175. In a transaction involving more than one lessor, only one (1) lessor need make the disclosures, but all lessors shall be bound by such disclosures.   The disclosures shall be made at or before consummation of the rental-purchase agreement.   The disclosures shall be made clearly and conspicuously in writing and a copy of the rental-purchase agreement provided to the consumer. The disclosures required under Section 75-24-159 shall be made on the face of the contract above the line for the consumer's signature.   If a disclosure becomes inaccurate as the result of any act, occurrence or agreement by the consumer after delivery of the required disclosures, the resulting inaccuracy is not a violation of Sections 75-24-151 through 75-24-175.
MS Code § 75-24-159 (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 24 - Regulation of Business for Consumer Protection|Mississippi Rental-Purchase Agreement Act|§ 75-24-159. Items to be disclosed in rental-purchase agreements

 For each rental-purchase agreement, the lessor shall disclose in the agreement the following items, as applicable:   Whether the periodic payment is weekly, monthly or otherwise, the dollar amount of each payment, and the total number and dollar amount of all periodic payments necessary to acquire ownership of the property;   A statement that the consumer will not own the property until the consumer has paid the total amount necessary to acquire ownership;   A statement advising the consumer whether the consumer is liable for loss or damage to the property, and, if so, a statement that such liability will not exceed the fair market value of the property as of the time it is lost or damaged;   A brief description of the rental property, sufficient to identify the property to the consumer and the lessor, including an identification number, if applicable, and a statement indicating whether the property is new or used, but a statement that indicates new property is used is not a violation of Sections 75-24-151 through 75-24-175;   A statement of the cash price of the property. Where the agreement involves a rental of two (2) or more items as a set, in one (1) agreement, a statement of the aggregate cash price of all items shall satisfy this requirement;   The total of initial payments paid or required at or before consummation of the agreement or delivery of the property, whichever is later;   A statement that the total of payments does not include other charges, such as delivery, in-home collection, pickup and reinstatement fees, which fees shall be separately disclosed in the contract;   A statement clearly summarizing the terms of the consumer's option to purchase, including a statement that the consumer has the right to exercise an early purchase option and the price, formula or method for determining the price at which the property may be so purchased;   A statement identifying the party responsible for maintaining or servicing the property while it is being rented, together with a description of that responsibility, and a statement that if any part of a manufacturer's express warranty covers the rental property at the time the consumer acquires ownership of the property, it shall be transferred to the consumer, if allowed by the terms of the warranty;   The date of the transaction and the identities of the lessor and consumer;   A statement that the consumer may terminate the agreement without penalty by voluntarily surrendering or returning the property in good repair upon expiration of any rental term along with any past due rental payments; and   Notice of the right to reinstate an agreement as herein provided.
MS Code § 75-24-161 (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 24 - Regulation of Business for Consumer Protection|Mississippi Rental-Purchase Agreement Act|§ 75-24-161. Provisions not permitted in rental-purchase agreements

 A rental-purchase agreement may not contain:   A confession of judgment;   A negotiable instrument;   A security interest or any other claim of a property interest in any property except that property delivered by the lessor pursuant to the rental-purchase agreement;   A wage assignment;   A waiver by the consumer of claims or defenses;   A provision authorizing the lessor or a person acting on the lessor's behalf to enter upon the consumer's premises without permission or to commit any breach of the peace in the repossession of property;   A provision for a late charge or any other type of charge or penalty for reinstating a rental-purchase agreement in addition to a reinstatement fee; however, a lessor may use the term "late charge" or a similar term to refer to a reinstatement fee; or   A provision for more than one (1) reinstatement fee on any one (1) periodic payment regardless of the period of time for which it remains unpaid.