State Codes and Statutes
Statutes > Mississippi > Title-79 > 4 > 79-4-3§ 79-4-3.01. Purposes.
(a) Every corporation incorporated under Sections 79-4-1.01 et seq. has the purpose of engaging in any lawful business unless a more limited purpose is set forth in the articles of incorporation.
(b) A corporation engaging in a business that is subject to regulation under another statute of this state may incorporate under Sections 79-4-1.01 et seq. only if permitted by, and subject to all limitations of the other statute.
Sources: Laws, 1987, ch. 486, § 301, eff from and after January 1, 1988.
