reglab/statecodes huggingface dataset:
Mississippi Code 1972 (2023) › Title 75 - REGULATION OF TRADE, COMMERCE AND INVESTMENTS (§§ 75-1-101 — 75-NEW-NEW-007) › Chapter 76 - MISSISSIPPI GAMING CONTROL ACT (§§ 75-76-1 — 75-76-325) › ISSUANCE OF GAMING LICENSES TO CORPORATIONS, LIMITED PARTNERSHIPS, HOLDING COMPANIES, INTERMEDIARY COMPANIES AND PUBLICLY TRADED CORPORATIONS (§§ 75-76-199 — 75-76-265) › Section 75-76-241 - Penalties for failure of corporate or limited partnership licensee or holding company or intermediary company to comply with laws and regulations

If any corporate or limited partnership licensee, or if any holding company or intermediary company with respect thereto, does not comply with the laws of this state and the regulations of the commission, the commission may, in its discretion, do any one, all or a combination of the following:
(a)
Revoke, limit, condition or suspend the gaming license of the corporate or limited partnership licensee; or
(b)
Fine the persons involved, or the corporate or limited partnership licensee, or such holding company or intermediary company, in accordance with the laws of this state and the regulations of the commission.
Laws, 1990 Ex Sess, ch. 45, § 122, eff. 6/29/1990.
Mississippi Code 1972 (2023) › Title 75 - REGULATION OF TRADE, COMMERCE AND INVESTMENTS (§§ 75-1-101 — 75-NEW-NEW-007) › Chapter 76 - MISSISSIPPI GAMING CONTROL ACT (§§ 75-76-1 — 75-76-325) › ISSUANCE OF GAMING LICENSES TO CORPORATIONS, LIMITED PARTNERSHIPS, HOLDING COMPANIES, INTERMEDIARY COMPANIES AND PUBLICLY TRADED CORPORATIONS (§§ 75-76-199 — 75-76-265) › Section 75-76-243 - Legislative declarations with respect to corporate acquisitions, repurchases of securities and corporate defense tactics

The Legislature hereby declares that:
(a)
Some corporate acquisitions, repurchases of securities and corporate defense tactics affecting corporate gaming licensees and publicly traded corporations that are affiliated companies can constitute business practices which may be injurious to stable and productive corporate gaming.
(b)
A regulatory scheme established to ameliorate the potential adverse effects of these business practices upon the gaming industry must be properly developed to balance the interests of Mississippi gaming, interstate commerce and federal regulation of securities.
(c)
A regulatory scheme established to ameliorate the potential adverse effects of these business practices upon the gaming industry may best be accomplished by the adoption and enforcement of regulations by the commission.
Laws, 1990 Ex Sess, ch. 45, § 123, eff. 6/29/1990.
Mississippi Code 1972 (2023) › Title 75 - REGULATION OF TRADE, COMMERCE AND INVESTMENTS (§§ 75-1-101 — 75-NEW-NEW-007) › Chapter 76 - MISSISSIPPI GAMING CONTROL ACT (§§ 75-76-1 — 75-76-325) › ISSUANCE OF GAMING LICENSES TO CORPORATIONS, LIMITED PARTNERSHIPS, HOLDING COMPANIES, INTERMEDIARY COMPANIES AND PUBLICLY TRADED CORPORATIONS (§§ 75-76-199 — 75-76-265) › Section 75-76-245 - State policy with respect to corporate acquisitions; repurchases of securities and corporate recapitalizations

The policy of the State of Mississippi with respect to corporate acquisitions, repurchases of securities and corporate recapitalizations affecting corporate licensees and publicly traded corporations that are affiliated companies is to:
(a)
Assure the financial stability of corporate licensees and affiliated companies;
(b)
Preserve the beneficial aspects of conducting business in the corporate form; and
(c)
Promote a neutral environment for the orderly governance of corporate affairs that is consistent with the public policy of this state concerning gaming.
Laws, 1990 Ex Sess, ch. 45, § 124, eff. 6/29/1990.
Mississippi Code 1972 (2023) › Title 75 - REGULATION OF TRADE, COMMERCE AND INVESTMENTS (§§ 75-1-101 — 75-NEW-NEW-007) › Chapter 76 - MISSISSIPPI GAMING CONTROL ACT (§§ 75-76-1 — 75-76-325) › ISSUANCE OF GAMING LICENSES TO CORPORATIONS, LIMITED PARTNERSHIPS, HOLDING COMPANIES, INTERMEDIARY COMPANIES AND PUBLICLY TRADED CORPORATIONS (§§ 75-76-199 — 75-76-265) › Section 75-76-247 - Regulations for review and approval of corporate acquisitions, repurchase of securities and corporate defense tactics

The commission may adopt regulations providing for the review and approval of corporate acquisitions, repurchases of securities and corporate defense tactics affecting corporate gaming licensees and publicly traded corporations that are affiliated companies. The regulations must be consistent with:
(a)
The policy of this state as expressed in this chapter;
(b)
The provisions of this chapter;
(c)
The requirements of the Constitution of the United States; and
(d)
Federal regulation of securities.
Laws, 1990 Ex Sess, ch. 45, § 125, eff. 6/29/1990.
Mississippi Code 1972 (2023) › Title 75 - REGULATION OF TRADE, COMMERCE AND INVESTMENTS (§§ 75-1-101 — 75-NEW-NEW-007) › Chapter 76 - MISSISSIPPI GAMING CONTROL ACT (§§ 75-76-1 — 75-76-325) › ISSUANCE OF GAMING LICENSES TO CORPORATIONS, LIMITED PARTNERSHIPS, HOLDING COMPANIES, INTERMEDIARY COMPANIES AND PUBLICLY TRADED CORPORATIONS (§§ 75-76-199 — 75-76-265) › Section 75-76-249 - Exemptions for publicly traded corporations; application of alternative provisions

The commission may exempt a publicly traded corporation from compliance with:
(a)
The provisions of Section
75-76-207
.
(b)
Some or all of the provisions of Sections
75-76-235
through
75-76-241
. To the extent of such an exemption, the corporation shall comply instead with the provisions of Sections
75-76-253
through
75-76-265
, except as otherwise ordered by the commission.
Laws, 1990 Ex Sess, ch. 45, § 126, eff. 6/29/1990.
Mississippi Code 1972 (2023) › Title 75 - REGULATION OF TRADE, COMMERCE AND INVESTMENTS (§§ 75-1-101 — 75-NEW-NEW-007) › Chapter 76 - MISSISSIPPI GAMING CONTROL ACT (§§ 75-76-1 — 75-76-325) › ISSUANCE OF GAMING LICENSES TO CORPORATIONS, LIMITED PARTNERSHIPS, HOLDING COMPANIES, INTERMEDIARY COMPANIES AND PUBLICLY TRADED CORPORATIONS (§§ 75-76-199 — 75-76-265) › Section 75-76-251 - Application of foreign corporation to register as publicly traded corporation; investigation by executive director; cost of investigation

(1)
A corporation or other legal entity which is organized under the laws of another country and seeks to register with the commission as a publicly traded corporation must submit an application to the executive director.
(2)
The application must provide the executive director with information showing that the applicant's business activities are regulated by a governmental authority of the foreign country in a manner which will prevent those activities from posing any threat to the control of gaming in this state.
(3)
The executive director may conduct an investigation of the applicant and the governmental authority responsible for regulation of the applicant. The executive director shall require the applicant to pay the executive director's anticipated expenses for such an investigation, and may, after completing such an investigation, charge the applicant any amount necessary to cover an underpayment of the actual expenses.
Laws, 1990 Ex Sess, ch. 45, § 127, eff. 6/29/1990.
Mississippi Code 1972 (2023) › Title 75 - REGULATION OF TRADE, COMMERCE AND INVESTMENTS (§§ 75-1-101 — 75-NEW-NEW-007) › Chapter 76 - MISSISSIPPI GAMING CONTROL ACT (§§ 75-76-1 — 75-76-325) › ISSUANCE OF GAMING LICENSES TO CORPORATIONS, LIMITED PARTNERSHIPS, HOLDING COMPANIES, INTERMEDIARY COMPANIES AND PUBLICLY TRADED CORPORATIONS (§§ 75-76-199 — 75-76-265) › Section 75-76-253 - Considerations in determining whether to recommend application to register as publicly traded corporation; hearing before executive director not required

In determining whether to recommend that the commission approve an application submitted pursuant to Section
75-76-251
, the executive director may consider, in addition to all other requirements of this chapter:
(a)
Whether the governmental authority in the foreign country has an effective system to regulate the applicant and the relations between the investing public and the applicant and other corporations listed on the exchange;
(b)
Whether the system includes:
(i)
A requirement that the listed corporations make full disclosure of information to the investing public;
(ii)
A requirement that the listed corporations file periodic reports with the governmental authority;
(iii)
A method to prevent any manipulation of the prices of securities or any employment of deceptive or misleading devices; and
(iv)
A restriction on margins to prevent any excessive use of credit for the purchase or carrying of securities listed on the exchange;
(c)
The availability of means by which the commission or the executive director may obtain adequate information from the governmental authority in the foreign country concerning the applicant's activities and/or supervision of the gaming activities of the corporate or limited partnership gaming licensee;
(d)
Such other matters as the executive director or the commission finds it necessary to consider to protect regulated gaming in Mississippi. The executive director may recommend the rejection of any such application without a hearing.
Laws, 1990 Ex Sess, ch. 45, § 128, eff. 6/29/1990.
Mississippi Code 1972 (2023) › Title 75 - REGULATION OF TRADE, COMMERCE AND INVESTMENTS (§§ 75-1-101 — 75-NEW-NEW-007) › Chapter 76 - MISSISSIPPI GAMING CONTROL ACT (§§ 75-76-1 — 75-76-325) › ISSUANCE OF GAMING LICENSES TO CORPORATIONS, LIMITED PARTNERSHIPS, HOLDING COMPANIES, INTERMEDIARY COMPANIES AND PUBLICLY TRADED CORPORATIONS (§§ 75-76-199 — 75-76-265) › Section 75-76-257 - Officers, directors and employees of publicly traded corporations subject to findings of suitability and licensing; failure to obtain or maintain suitability or license

(1)
Each officer and employee of a publicly traded corporation who the commission determines is, or is to become, actively and directly engaged in the administration or supervision of, or any other significant involvement with, the activities of the corporate or limited partnership gaming licensee must be found suitable therefor and may be required to be licensed by the commission. Each director of a publicly traded corporation who the commission determines is, or is to become, actively and directly engaged in the administration or supervision of the gaming activities at a licensed gaming establishment of the corporate or limited partnership licensee must be found suitable therefor and may be required to be licensed by the commission.
(2)
If any officer, director or employee of a publicly traded corporation required to be licensed or found suitable pursuant to subsection (1) fails to apply for a gaming license or finding of suitability within thirty (30) days after being requested to do so by the executive director, or is denied a license or not found suitable by the commission, or if his license or the finding of his suitability is revoked after appropriate findings by the commission, the publicly traded corporation shall immediately remove that officer or employee from any office or position wherein he is actively and directly engaged in the administration or supervision of, or any other significant involvement with, the activities of the corporate or limited partnership gaming licensee, or shall immediately remove that director from any office or position wherein he is actively and directly engaged in the administration or supervision of the gaming activities of the corporate or limited partnership gaming licensee. If the commission suspends the finding of suitability of any officer, director or employee, the publicly traded corporation shall, immediately and for the duration of the suspension, suspend that officer or employee from performance of any duties wherein he is actively and directly engaged in administration or supervision of, or any other significant involvement with, the activities of the corporate or limited partnership gaming licensee, or immediately and for the duration of the suspension suspend that director from performance of any duties wherein he is actively and directly engaged in administration or supervision of the activities at a licensed gaming establishment of the corporate or limited partnership licensee.
Laws, 1990 Ex Sess, ch. 45, § 130, eff. 6/29/1990.
Mississippi Code 1972 (2023) › Title 75 - REGULATION OF TRADE, COMMERCE AND INVESTMENTS (§§ 75-1-101 — 75-NEW-NEW-007) › Chapter 76 - MISSISSIPPI GAMING CONTROL ACT (§§ 75-76-1 — 75-76-325) › ISSUANCE OF GAMING LICENSES TO CORPORATIONS, LIMITED PARTNERSHIPS, HOLDING COMPANIES, INTERMEDIARY COMPANIES AND PUBLICLY TRADED CORPORATIONS (§§ 75-76-199 — 75-76-265) › Section 75-76-261 - Failure of publicly traded corporation or its subsidiary corporation or limited partnership to comply with laws and regulations

If any corporate or limited partnership licensee owned or controlled by a publicly traded corporation subject to the provisions of this chapter, or that publicly traded corporation, does not comply with the laws of this state and the regulations of the commission, the commission may, in its discretion, do any one, all or a combination of the following:
(a)
Revoke, limit, condition or suspend the gaming license of the corporate or limited partnership licensee; or
(b)
Fine the persons involved, the corporate or limited partnership licensee or the publicly traded corporation in accordance with the laws of this state and the regulations of the commission.
Laws, 1990 Ex Sess, ch. 45, § 132, eff. 6/29/1990.
Mississippi Code 1972 (2023) › Title 75 - REGULATION OF TRADE, COMMERCE AND INVESTMENTS (§§ 75-1-101 — 75-NEW-NEW-007) › Chapter 76 - MISSISSIPPI GAMING CONTROL ACT (§§ 75-76-1 — 75-76-325) › ISSUANCE OF GAMING LICENSES TO CORPORATIONS, LIMITED PARTNERSHIPS, HOLDING COMPANIES, INTERMEDIARY COMPANIES AND PUBLICLY TRADED CORPORATIONS (§§ 75-76-199 — 75-76-265) › Section 75-76-265 - Effect of failure of person connected with corporate licensee, holding company or intermediary company to obtain or maintain finding of suitability or license

If any person who is required by or pursuant to this chapter to be licensed or found suitable because of his connection with a corporate licensee, holding company or intermediary company, including a publicly traded corporation, fails to apply for a license or a finding of suitability, or if his license or finding of suitability is revoked, the corporate licensee, holding company, intermediary company or any person who directly or indirectly controls, is controlled by or is under common control with the corporate licensee, holding company or intermediary company shall not, after receipt of written notice from the commission:
(a)
Pay him any remuneration for any service relating to the activities of a corporate licensee, except for amounts due for services rendered before the date of receipt of notice of such action by the commission. Any contract or agreement for personal services or the conduct of any activity at a licensed gaming establishment between a former employee whose employment was terminated because of failure to apply for a license or a finding of suitability, denial of a license or finding of suitability, or revocation of a license or a finding of suitability, or any business enterprise under the control of that employee and the corporate licensee, holding or intermediary company or registered publicly traded corporation is subject to termination. Every such agreement shall be deemed to include a provision for its termination without liability on the part of the licensee upon a finding by the commission that the business or any person associated therewith is unsuitable to be associated with a gaming enterprise. Failure expressly to include such a condition in the agreement is not a defense in any action brought pursuant to this section to terminate the agreement.
(b)
Enter into any contract or agreement with him or with a business organization under his control which involves the operations of a corporate licensee, without the prior approval of the executive director.
(c)
Employ him in any position involving the activities of a corporate licensee without prior approval of the executive director.
Laws, 1990 Ex Sess, ch. 45, § 134, eff. 6/29/1990.
Mississippi Code 1972 (2023) › Title 75 - REGULATION OF TRADE, COMMERCE AND INVESTMENTS (§§ 75-1-101 — 75-NEW-NEW-007) › Chapter 76 - MISSISSIPPI GAMING CONTROL ACT (§§ 75-76-1 — 75-76-325) › PENALTIES (§ 75-76-267) › Section 75-76-267 - Penalties for violation of Gaming Control Act

(1)
Conviction by a court of competent jurisdiction of a person for a violation of, an attempt to violate, or a conspiracy to violate any of the provisions of this chapter shall act as an immediate revocation of all licenses which have been issued to the violator, and, in addition, the court may, upon application of the district attorney of the county or of the commission, order that no new or additional license under this chapter be issued to the violator, or be issued to any person for the room or premises in which the violation occurred, for one (1) year after the date of the revocation.
(2)
Any person who willfully fails to report, pay or truthfully account for and pay over any license fee or tax imposed by the provisions of this chapter, or willfully attempts in any manner to evade or defeat any such license fee, tax or payment thereof, shall be punished by commitment to the custody of the Department of Corrections for not less than one (1) year nor more than six (6) years, or by a fine of not more than Five Thousand Dollars ($5,000.00), or by both fine and imprisonment.
(3)
Except as provided in subsection (4), any person who willfully violates, attempts to violate, or conspires to violate any of the provisions of subsection (1) of Section
75-76-57
, shall be punished by commitment to the custody of the Department of Corrections for not less than one (1) year nor more than twenty (20) years, by a fine of not more than Fifty Thousand Dollars ($50,000.00), or by both fine and imprisonment.
(4)
A licensee who puts additional games or slot machines into play or displays additional games or slot machines in a public area without first obtaining all required licenses and approval is subject only to the penalties provided in Sections
75-76-93
and
75-76-103
and in any applicable ordinance of the county or municipality.
(5)
The violation of any of the provisions of this chapter, the penalty for which is not specifically fixed in this chapter, is a misdemeanor.
Laws, 1990 Ex Sess, ch. 45, § 135, eff. 6/29/1990.
Mississippi Code 1972 (2023) › Title 75 - REGULATION OF TRADE, COMMERCE AND INVESTMENTS (§§ 75-1-101 — 75-NEW-NEW-007) › Chapter 76 - MISSISSIPPI GAMING CONTROL ACT (§§ 75-76-1 — 75-76-325) › FOREIGN GAMING (§§ 75-76-269 — 75-76-277) › Section 75-76-269 - Foreign gaming; definitions applicable to Sections 75-76-271 through 75-76-277

For the purposes of Sections
75-76-271
through
75-76-277
:
(a)
"Foreign gaming" means any gaming operations outside this state.
(b)
"Licensee" means a person who:
(i)
Is licensed or required to be licensed pursuant to Section
75-76-57
or
75-76-63
; or
(ii)
Is or is required to be licensed, registered or found suitable pursuant to Sections
75-76-199
through
75-76-265
, inclusive; or
(iii)
Directly or through one or more intermediaries controls, is controlled by or is under common control with a person described in subsection (i) or (ii).
Laws, 1990 Ex Sess, ch. 45, § 136, eff. 6/29/1990.
Mississippi Code 1972 (2023) › Title 75 - REGULATION OF TRADE, COMMERCE AND INVESTMENTS (§§ 75-1-101 — 75-NEW-NEW-007) › Chapter 76 - MISSISSIPPI GAMING CONTROL ACT (§§ 75-76-1 — 75-76-325) › FOREIGN GAMING (§§ 75-76-269 — 75-76-277) › Section 75-76-271 - Approval required for involvement of licensee in foreign gaming; exceptions

(1)
Except as provided in subsections (2), (3) and (5), no licensee may be involved in foreign gaming without the prior approval of the commission, acting upon a recommendation of the executive director. Any approval granted under this section is a privilege which may be revoked, suspended, conditioned, limited or restricted by the commission at any time.
(2)
The commission may, based on such factors as it deems relevant, grant preliminary approval to a licensee for involvement in foreign gaming. Any preliminary approval granted pursuant to this subsection may be revoked, suspended, conditioned, limited or restricted by the commission at any time.
(3)
Approval of the commission is not required if:
(a)
The licensee does not own more than five percent (5%) beneficial interest in any class of securities of a corporation incorporated under the laws of any state of the United States which is a publicly traded corporation as defined in Section
75-76-199
; and
(b)
The licensee is not able to significantly control or influence the corporation.
(4)
If it finds that approval is necessary to effectuate the purposes of this chapter, the commission may, by giving notice of its decision to the licensee, require that a licensee who is otherwise exempt under subsection (3) obtain approval as required by subsection (1).
(5)
The commission may waive, either selectively or by general regulation, one or more of the requirements of Sections
75-76-269
through
75-76-277
, inclusive, if it makes a written finding that the waiver is consistent with the public policy of this state concerning gaming.
Laws, 1990 Ex Sess, ch. 45, § 137, eff. 6/29/1990.
Mississippi Code 1972 (2023) › Title 75 - REGULATION OF TRADE, COMMERCE AND INVESTMENTS (§§ 75-1-101 — 75-NEW-NEW-007) › Chapter 76 - MISSISSIPPI GAMING CONTROL ACT (§§ 75-76-1 — 75-76-325) › FOREIGN GAMING (§§ 75-76-269 — 75-76-277) › Section 75-76-273 - Application for approval to participate in foreign gaming

(1)
A licensee seeking approval to participate in foreign gaming shall apply to the executive director in writing, under oath, supplying any information and supporting data pertaining to himself and to the foreign gaming operations which the executive director and the commission require.
(2)
A licensee who applies for approval agrees by his application to conduct his foreign gaming operations in accordance with the standards of honesty and integrity required for gaming activities in this state.
(3)
The licensee shall submit data showing that the foreign gaming operations will be lawfully conducted in the foreign jurisdiction, and that the licensee's involvement will pose no unreasonable threat to gaming control in Mississippi.
(4)
The executive director may conduct investigations concerning the application and submit recommendations to the commission. The executive director may require the applicant to pay anticipated costs of an investigation in advance, and shall refund overpayments and charge and collect amounts to cover underpayments of actual costs after the completion of the investigation.
Laws, 1990 Ex Sess, ch. 45, § 138, eff. 6/29/1990.
Mississippi Code 1972 (2023) › Title 75 - REGULATION OF TRADE, COMMERCE AND INVESTMENTS (§§ 75-1-101 — 75-NEW-NEW-007) › Chapter 76 - MISSISSIPPI GAMING CONTROL ACT (§§ 75-76-1 — 75-76-325) › FOREIGN GAMING (§§ 75-76-269 — 75-76-277) › Section 75-76-275 - Factors to be considered in decision to grant or deny approval to conduct foreign gaming operations; imposition of conditions of approval

(1)
The executive director and the commission shall consider without limitation the following factors in deliberating the granting or denial of approval to conduct foreign gaming operations:
(a)
The means, including agreements with foreign jurisdictions, for the commission and the executive director to obtain adequate access to information pertaining to the gaming operations in which the licensee seeks to be involved, and pertaining to any associate of the licensee in the foreign gaming operations.
(b)
Assurance that the licensee and his associates in the foreign gaming operations will recognize and abide by the conditions and restrictions imposed upon approval of participation.
(c)
Assurance that the right of Mississippi to collect license fees will be adequately protected through an effective accounting system designed to prevent the undetected employment of techniques to avoid payment.
(d)
Assurance that the relationship of the licensee with any associate will pose no unreasonable threat to the interest of the State of Mississippi in regulating the gaming industry within the state.
(e)
Other factors which are found to be relevant to the adequate protection of state-regulated gaming in Mississippi.
(2)
The commission may impose conditions upon any approval of participation in foreign gaming operations, including without limitation:
(a)
The continuation of any factor listed in subsection (1) or any other factor considered relevant by the commission.
(b)
Requirements for internal accounting, administrative and managerial controls, including evidence of those controls to be filed with the commission or maintained in the principal office of the licensee in Mississippi and made available to the commission and the executive director and commission or their agents for examination and copying as requested.
(c)
Requirements for reports found necessary by the executive director or the commission.
(d)
Requirements for onsite audits to be conducted at the licensee's expense by independent certified public accountants, or their equivalent, who are acceptable to the executive director or the commission.
(e)
Requirements for disclosure and reporting of changes in beneficial ownership or control of any interest in a foreign gaming operation, including interest of the licensee and of others.
(f)
Requirements for onsite inspections at the expense of the licensee of foreign gaming operations by the executive director or the commission or their representatives.
Laws, 1990 Ex Sess, ch. 45, § 139, eff. 6/29/1990.
Mississippi Code 1972 (2023) › Title 75 - REGULATION OF TRADE, COMMERCE AND INVESTMENTS (§§ 75-1-101 — 75-NEW-NEW-007) › Chapter 76 - MISSISSIPPI GAMING CONTROL ACT (§§ 75-76-1 — 75-76-325) › FOREIGN GAMING (§§ 75-76-269 — 75-76-277) › Section 75-76-277 - Penalty for continued participation in foreign gaming operations after termination of approval

A licensee who continues participation in foreign gaming operations after an order of the commission terminating approval engages in an unsuitable method of operation and may be disciplined by the commission.
Laws, 1990 Ex Sess, ch. 45, § 140, eff. 6/29/1990.
Mississippi Code 1972 (2023) › Title 75 - REGULATION OF TRADE, COMMERCE AND INVESTMENTS (§§ 75-1-101 — 75-NEW-NEW-007) › Chapter 76 - MISSISSIPPI GAMING CONTROL ACT (§§ 75-76-1 — 75-76-325) › TAXATION OF CRUISE VESSELS AND VESSELS (§ 75-76-279) › Section 75-76-279 - Temporary exemption of cruise vessel or vessel licensed under Gaming Control Act from ad valorem taxes; Department of Revenue to recommend method of taxing cruise vessels and vessels

(1)
From and after June 29, 1990, any cruise vessel or vessel which is licensed under the provisions of this chapter and which is used for gambling games, as determined by the Tax Commission, shall be exempt from all ad valorem taxes through June 30, 1991.
(2)
On or before December 1, 1990, the State Tax Commission shall report to the Legislature its recommendation for an equitable method of imposing a tax upon the cruise vessels and vessels described in subsection (1).
Laws, 1990 Ex Sess, ch. 45, § 153, eff. 6/29/1990.
Mississippi Code 1972 (2023) › Title 75 - REGULATION OF TRADE, COMMERCE AND INVESTMENTS (§§ 75-1-101 — 75-NEW-NEW-007) › Chapter 76 - MISSISSIPPI GAMING CONTROL ACT (§§ 75-76-1 — 75-76-325) › OFFICIALS NOT TO DERIVE BENEFITS (§ 75-76-281) › Section 75-76-281 - Officials not to derive benefit as result of duties under Gaming Control Act; penalties

No elected or appointed official shall derive any pecuniary benefit, directly or indirectly, other than compensation and any other benefits authorized by law, as a result of such elected or appointed official's duties under this chapter. Any person convicted of a violation of this section shall be punished pursuant to the provisions of Article 3, Chapter 4, Title 25, Mississippi Code of 1972.
Laws, 1990 Ex Sess, ch. 45, § 154, eff. 6/29/1990.
Mississippi Code 1972 (2023) › Title 75 - REGULATION OF TRADE, COMMERCE AND INVESTMENTS (§§ 75-1-101 — 75-NEW-NEW-007) › Chapter 76 - MISSISSIPPI GAMING CONTROL ACT (§§ 75-76-1 — 75-76-325) › ILLEGAL ACTIVITIES (§§ 75-76-301 — 75-76-313) › Section 75-76-301 - Particular unlawful activities

It is unlawful for any person:
(a)
To alter or misrepresent the outcome of a game or other event on which wagers have been made after the outcome is made sure but before it is revealed to the players.
(b)
To place, increase or decrease a bet or to determine the course of play after acquiring knowledge, not available to all players, of the outcome of the game or any event that affects the outcome of the game or that is the subject of the bet or to aid anyone in acquiring such knowledge for the purpose of placing, increasing or decreasing a bet or determining the course of play contingent upon that event or outcome.
(c)
To claim, collect or take, or attempt to claim, collect or take, money or anything of value in or from a gambling game, with intent to defraud, without having made a wager contingent thereon, or to claim, collect or take an amount greater than the amount won.
(d)
Knowingly to entice or induce another to go to any place where a gambling game is being conducted or operated in violation of the provisions of this chapter, with the intent that the other person play or participate in the gambling game.
(e)
To place or increase a bet after acquiring knowledge of the outcome of the game or other event that is the subject of the bet, including past-posting and pressing bets.
(f)
To reduce the amount wagered or cancel the bet after acquiring knowledge of the outcome of the game or other event that is the subject of the bet, including pinching bets.
(g)
To manipulate, with the intent to cheat, any component of a gaming device in a manner contrary to the designed and normal operational purpose for the component, including, but not limited to, varying the pull of the handle of a slot machine, with knowledge that the manipulation affects the outcome of the game or with knowledge of any event that affects the outcome of the game.
Laws, 1993, ch. 488, § 2, eff. 4/20/1993.
Mississippi Code 1972 (2023) › Title 75 - REGULATION OF TRADE, COMMERCE AND INVESTMENTS (§§ 75-1-101 — 75-NEW-NEW-007) › Chapter 76 - MISSISSIPPI GAMING CONTROL ACT (§§ 75-76-1 — 75-76-325) › ILLEGAL ACTIVITIES (§§ 75-76-301 — 75-76-313) › Section 75-76-303 - Use or possession of certain devices at gaming establishment prohibited

It is unlawful for any person at a licensed gaming establishment to use, or possess with the intent to use, any device to assist:
(a)
In projecting the outcome of the game;
(b)
In keeping track of the cards played;
(c)
In analyzing the probability of the occurrence of an event relating to the game; or
(d)
In analyzing the strategy for playing or betting to be used in the game, except as permitted by the commission.
Laws, 1993, ch. 488, § 3, eff. 4/20/1993.
Mississippi Code 1972 (2023) › Title 75 - REGULATION OF TRADE, COMMERCE AND INVESTMENTS (§§ 75-1-101 — 75-NEW-NEW-007) › Chapter 76 - MISSISSIPPI GAMING CONTROL ACT (§§ 75-76-1 — 75-76-325) › ILLEGAL ACTIVITIES (§§ 75-76-301 — 75-76-313) › Section 75-76-305 - Use or manufacture of slugs or counterfeit chips or tokens prohibited; possession of certain devices prohibited

(1)
It is unlawful for any licensee, employee or other person to use counterfeit chips in a gambling game.
(2)
It is unlawful for any person, in playing or using any gambling game designed to be played with, receive or be operated by chips or tokens approved by the commission or by lawful coins of the United States of America:
(a)
Knowingly to use other than chips or tokens approved by the commission or lawful coins, legal tender of the United States of America, or to use coins not of the same denomination as the coins intended to be used in that gambling game; or
(b)
To use any device or means to violate the provisions of this chapter.
(3)
It is unlawful for any person, not a duly authorized employee of a licensee acting in furtherance of his employment within an establishment, to have on his person or in his possession on or off the premises of any licensed gaming establishment any device intended to be used to violate the provisions of this chapter.
(4)
It is unlawful for any person, not a duly authorized employee of a licensee acting in furtherance of his employment within an establishment, to have on his person or in his possession on or off the premises of any licensed gaming establishment any key or device known to have been designed for the purpose of and suitable for opening, entering or affecting the operation of any gambling game, drop box or any electronic or mechanical device connected thereto, or for removing money or other contents therefrom.
(5)
It is unlawful for any person to have on his person or in his possession any paraphernalia for manufacturing slugs. As used in this subsection, "paraphernalia for manufacturing slugs" means the equipment, products and materials that are intended for use or designed for use in manufacturing, producing, fabricating, preparing, testing, analyzing, packaging, storing or concealing a counterfeit facsimile of the chips or tokens approved by the commission or lawful coins of the United States, the use of which is unlawful pursuant to subsection (2) of this section. The term includes, but is not limited to:
(a)
Metal or metal alloys;
(b)
Molds, forms or similar equipment capable of producing a likeness of a gaming token or United States coin;
(c)
Melting pots or other receptacles;
(d)
Torches; and
(e)
Tongs, trimming tools or other similar equipment.
(6)
Possession of more than one (1) of the devices, equipment, products or materials described in this section permits a rebuttable inference that the possessor intended to use them for cheating.
Laws, 1993, ch. 488, § 4, eff. 4/20/1993.
Mississippi Code 1972 (2023) › Title 75 - REGULATION OF TRADE, COMMERCE AND INVESTMENTS (§§ 75-1-101 — 75-NEW-NEW-007) › Chapter 76 - MISSISSIPPI GAMING CONTROL ACT (§§ 75-76-1 — 75-76-325) › ILLEGAL ACTIVITIES (§§ 75-76-301 — 75-76-313) › Section 75-76-307 - Cheating prohibited

It is unlawful for any person, whether he is an owner or employee of or a player in an establishment, to cheat at any gambling game.
Laws, 1993, ch. 488, § 5, eff. 4/20/1993.
Mississippi Code 1972 (2023) › Title 75 - REGULATION OF TRADE, COMMERCE AND INVESTMENTS (§§ 75-1-101 — 75-NEW-NEW-007) › Chapter 76 - MISSISSIPPI GAMING CONTROL ACT (§§ 75-76-1 — 75-76-325) › ILLEGAL ACTIVITIES (§§ 75-76-301 — 75-76-313) › Section 75-76-309 - Manufacture, sale or distribution of gaming materials intended for illegal use prohibited; altering equipment prohibited; instructing others in cheating prohibited

(1)
It is unlawful to manufacture, sell or distribute any cards, chips, dice, game or device that is intended to be used to violate any provision of this chapter.
(2)
It is unlawful to mark, alter or otherwise modify any associated equipment or gaming device in a manner that:
(a)
Affects the result of a wager by determining win or loss; or
(b)
Alters the normal criteria of random selection, which affects the operation of a game or which determines the outcome of a game.
(3)
It is unlawful for any person to instruct another in cheating or in the use of any device for that purpose, with the knowledge or intent that the information or use so conveyed may be employed to violate any provision of this chapter.
Laws, 1993, ch. 488, § 6, eff. 4/20/1993.
Mississippi Code 1972 (2023) › Title 75 - REGULATION OF TRADE, COMMERCE AND INVESTMENTS (§§ 75-1-101 — 75-NEW-NEW-007) › Chapter 76 - MISSISSIPPI GAMING CONTROL ACT (§§ 75-76-1 — 75-76-325) › ILLEGAL ACTIVITIES (§§ 75-76-301 — 75-76-313) › Section 75-76-311 - Additional penalties for violating Sections 75-76-301 through 75-76-313

(1)
In addition to any other penalty provided in this chapter, any person who violates any provision of Sections
75-76-301
through
75-76-313
, shall be punished:
(a)
For the first offense, by imprisonment in the State Penitentiary for not more than two (2) years, or by a fine of not more than Ten Thousand Dollars ($10,000.00), or by both such fine and imprisonment.
(b)
For a second or subsequent violation of any of these provisions, by imprisonment in the State Penitentiary for not more than ten (10) years, and may be further punished by a fine of not more than Ten Thousand Dollars ($10,000.00).
(2)
In addition to any other penalty provided in this chapter, any person who attempts, or two (2) or more persons who conspire, to violate any provision of Sections
75-76-301
through
75-76-313
each shall be punished by imposing the penalty provided in subsection (1) of this section for the completed crime, whether or not he personally played any gambling game or used any prohibited device.
Laws, 1993, ch. 488, § 7, eff. 4/20/1993.
Mississippi Code 1972 (2023) › Title 75 - REGULATION OF TRADE, COMMERCE AND INVESTMENTS (§§ 75-1-101 — 75-NEW-NEW-007) › Chapter 76 - MISSISSIPPI GAMING CONTROL ACT (§§ 75-76-1 — 75-76-325) › ILLEGAL ACTIVITIES (§§ 75-76-301 — 75-76-313) › Section 75-76-313 - Questioning of person suspected of violating gaming provisions; immunity from suit for questioning

If any person shall commit or attempt to commit a violation of any provision of Sections
75-76-301
through
75-76-313
, any officer, employee or agent of a licensee or any law enforcement officer, acting in good faith and upon probable cause based upon reasonable grounds therefor, may question such person in a reasonable manner for the purpose of ascertaining whether or not such person should be charged with a violation of Sections
75-76-301
through
75-76-313
. The questioning of a person by an officer, employee or agent of a licensee or by a law enforcement officer shall not render the licensee, its officer, its employee or its agent, or a law enforcement officer, civilly liable for slander, false arrest, false imprisonment, malicious prosecution, unlawful detention or otherwise in any case where the licensee's officer, employee or agent, or the law enforcement officer, is acting in good faith and upon reasonable grounds to believe that the person questioned is committing or attempting to commit a violation of Sections
75-76-301
through
75-76-313
.
Laws, 1993, ch. 488, § 8, eff. 4/20/1993.
Mississippi Code 1972 (2023) › Title 75 - REGULATION OF TRADE, COMMERCE AND INVESTMENTS (§§ 75-1-101 — 75-NEW-NEW-007) › Chapter 76 - MISSISSIPPI GAMING CONTROL ACT (§§ 75-76-1 — 75-76-325) › MISSISSIPPI GAMING COMMISSION FUND (§ 75-76-325) › Section 75-76-325 - Mississippi Gaming Commission Fund created; use of funds; funding of agency expenses; deposit of monies into State General Fund

(1)
There is created in the State Treasury a special fund to be designated as the "Mississippi Gaming Commission Fund." The special fund shall consist of monies deposited therein under Section
75-76-81
and monies from any other source designated for deposit into the fund. Unexpended amounts remaining in the special fund at the end of a fiscal year shall not lapse into the State General Fund, and any interest earned or investment earnings on amounts in the fund shall be deposited to the credit of the fund.
(2)
Monies in the special fund may be used by the commission, upon appropriation by the Legislature, only for the purposes of carrying out the provisions of this chapter. Unexpended amounts remaining in the special fund at the end of a fiscal year shall be used by the commission in calculating the amounts of fees to be imposed under Section
75-76-33(2)(f)
during the next succeeding state fiscal year that will be necessary to provide the commission with sufficient revenue, when combined with other monies deposited into the special fund, to carry out the provisions of this chapter without any state general funds.
(3)
From and after July 1, 2016, the expenses of this agency shall be defrayed by appropriation from the State General Fund and all user charges and fees authorized under this section shall be deposited into the State General Fund as authorized by law.
(4)
From and after July 1, 2016, no state agency shall charge another state agency a fee, assessment, rent or other charge for services or resources received by authority of this section.
Laws, 2010, ch. 431, § 3, eff. 3/24/2010.
Amended by Laws, 2016, ch. 459, SB 2362, 4, eff. 7/1/2016.
Mississippi Code 1972 (2023) › Title 75 - REGULATION OF TRADE, COMMERCE AND INVESTMENTS (§§ 75-1-101 — 75-NEW-NEW-007) › Chapter 77 - REPURCHASE OF INVENTORIES FROM RETAILERS UPON TERMINATION OF CONTRACT (§§ 75-77-1 — 75-77-19) › Section 75-77-1 - Definitions

For the purposes of this chapter the following words and phrases have the following meanings unless the context otherwise requires:
(a)
"Current model" means a model listed in the wholesaler's, manufacturer's or distributor's current sales manual or any supplements thereto;
(b)
"Current net price" means the price listed in the supplier's price list or catalogue in effect at the time the contract is cancelled or discontinued, less any applicable trade and cash discounts;
(c)
"Retailer" means any person, firm or corporation engaged in the business of selling and retailing farm implements, machinery, utility and industrial equipment, outdoor power equipment, all-terrain vehicles, off-road utility vehicles, attachments or repair parts and shall not include retailers of petroleum products;
(d)
"Inventory" means farm implements, machinery, utility and industrial equipment, consumer products, outdoor power equipment, attachments and repair parts;
(e)
"Supplier" means any manufacturer, wholesaler, wholesale distributor, or any purchaser of assets or stock of any surviving corporation resulting from a merger or liquidations, any receiver or assignee, or any trustee of the original manufacturer, wholesaler or distributor; and
(f)
"Superseded parts" means any part that will provide the same function as a currently available part as of the date of cancellation.
Laws, 1977, ch. 419, § 1; Laws, 1994, ch. 399, § 5; Laws, 1997, ch. 318, § 1, eff. 7/1/1997.
Amended by Laws, 2013, ch. 457, HB 387, 1, eff. 3/25/2013.
Mississippi Code 1972 (2023) › Title 75 - REGULATION OF TRADE, COMMERCE AND INVESTMENTS (§§ 75-1-101 — 75-NEW-NEW-007) › Chapter 77 - REPURCHASE OF INVENTORIES FROM RETAILERS UPON TERMINATION OF CONTRACT (§§ 75-77-1 — 75-77-19) › Section 75-77-2 - Cancellation of retail agreement

(1)
No supplier, directly or through an officer, agent or employee, may terminate, cancel, fail to renew or substantially change the competitive circumstances of a retail agreement without good cause. "Good cause" shall mean failure by a retailer to comply with requirements imposed upon the retailer by the retail agreement if such requirements are not different from those imposed on other retailers similarly situated in this state. In addition, good cause exists whenever:
(a)
There has been a closeout on sale of a substantial part of the retailer's assets related to the equipment business, or there has been a commencement of a dissolution or liquidation of the retailer;
(b)
The retailer has changed its principal place of business or added additional locations without prior approval of the supplier, which shall not be unreasonably withheld;
(c)
The retailer has substantially defaulted under a chattel mortgage or other security agreement between the retailer and the supplier, or there has been a revocation or discontinuance of a guarantee of a present or future obligation of the retailer to the supplier;
(d)
The equipment retailer has failed to operate in the normal course of business for seven (7) consecutive days or has otherwise abandoned the business;
(e)
The retailer has pleaded guilty to or has been convicted of a felony affecting the relationship between the retailer and the supplier;
(f)
The retailer transfers an interest in the dealership, or a person with a substantial interest in the ownership or control of the dealership, including an individual proprietor, partner or major shareholder, withdraws from the dealership or dies, or a substantial reduction occurs in the interest of a partner or major shareholder in the dealership. However, good cause does not exist if the supplier consents to an action described in this subsection.
(2)
Except as otherwise provided herein, a supplier shall provide a retailer with at least ninety (90) days written notice of termination, cancellation or nonrenewal of the retail agreement and a sixty (60) day right-to-cure the deficiency. If the deficiency is cured within the allotted time, the notice is void. In the case where cancellation is enacted due to market penetration, a reasonable period of time shall have existed where the supplier has worked with the dealer to gain the desired market share. The notice shall state all reasons constituting good cause for action. The notice is not required if the reason for termination, cancellation or nonrenewal is a violation under the provisions of subsection (1) of this section.
Laws, 1997, ch. 318, § 2, eff. 7/1/1997.
Mississippi Code 1972 (2023) › Title 75 - REGULATION OF TRADE, COMMERCE AND INVESTMENTS (§§ 75-1-101 — 75-NEW-NEW-007) › Chapter 77 - REPURCHASE OF INVENTORIES FROM RETAILERS UPON TERMINATION OF CONTRACT (§§ 75-77-1 — 75-77-19) › Section 75-77-3 - Supplier shall repurchase inventory maintained by retailer upon termination of contract

Whenever any retailer enters into an agreement, evidenced by a written or oral contract, with a supplier wherein the retailer agrees to maintain an inventory of parts and to provide service and the contract is terminated, then the supplier shall repurchase the inventory as provided in this chapter. The retailer may keep the inventory if he desires. If the retailer has any outstanding debts to the supplier, then the repurchase amount may be setoff or credited to the retailer's account.
Laws, 1977, ch. 419, § 2; Laws, 1997, ch. 318, § 3, eff. 7/1/1997.
Mississippi Code 1972 (2023) › Title 75 - REGULATION OF TRADE, COMMERCE AND INVESTMENTS (§§ 75-1-101 — 75-NEW-NEW-007) › Chapter 77 - REPURCHASE OF INVENTORIES FROM RETAILERS UPON TERMINATION OF CONTRACT (§§ 75-77-1 — 75-77-19) › Section 75-77-4 - Prohibited activities of supplier

No supplier shall:
(a)
Coerce any retailer to accept delivery of equipment, parts or accessories which the retailer has not ordered voluntarily, except as required by any applicable law, or unless parts or accessories are safety parts or accessories required by a supplier;
(b)
Condition the sale of additional equipment to a retailer on a requirement that the retailer also purchase other goods or services, except that a supplier may require the retailer to purchase those parts reasonably necessary to maintain the quality of operation in the field of the equipment used in the trade area;
(c)
Coerce a retailer into refusing to purchase equipment manufactured by another supplier;
(d)
Terminate, cancel or fail to renew or substantially change the competitive circumstances of the retail agreement based on the results of a natural disaster, including a sustained drought or high unemployment in the dealership market area, labor dispute or other similar circumstances beyond the retailer's control.
Laws, 1997, ch. 318, § 4, eff. 7/1/1997.